Fossil energy – Vietnam
The Oil and Gas Group (PetroVietnam) on June 18 welcomed the first flow of gas from Su Tu Trang (White Lion) oil field in phase 2A.
The White Lion field is located in Block 15-1 of the Cuu Long Basin off the southern coast of Vietnam. It is considered as one of the areas with the highest potential for oil and gas reserves in the continental shelf of Vietnam.
The plan to develop the White Lion oil field in phase 2A was approved by the Prime Minister on December 6, 2019, with a total expected consolidated capital expenditure (CapEx) investment of nearly 138 million USD.