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04 Jun 2024

Asian Yard Wins Significant EPCIC Contract for Murphy Oil's First Field Development Offshore Vietnam

04 Jun 2024  by upstreamonline   
Vietnam’s PTSC Mechanical & Construction (PTSC M&C), a subsidiary of PetroVietnam Technical Services Corporation (PTSC), has won the engineering, procurement, construction, installation and commissioning (EPCIC) contract for Murphy Oil’s Lac Da Vang oilfield development, the US operator’s first project offshore Vietnam.

The initial development phase, dubbed 1A, includes a central platform — LDV-A — that will process crude to export quality, before the oil is sent via a pipeline to the infield floating storage and offloading (FSO) vessel for storage and subsequent offloading.

PTSC M&C’s EPCIC contract for the LDV-A platform encompasses project management, detailed engineering, procurement, construction, transportation, installation, hook-up and commissioning for the LDV-A platform.

The platform’s topsides will weigh more than 6000 tonnes, while the jacket and piles will top the scales at upwards of 5000 tonnes. The LDV-A platform is planned to be commissioned in the second half of 2026, with most of the works being performed at PTSC M&C’s facilities in Vung Tau city, Vietnam.

The value of this EPCIC contract — which the contractor hailed as an important milestone as it is the first production platform being designed by PTSC M&C using in-house resources with local engineers — was not divulged.

"We are delighted to embark on this journey with Murphy. This project is a testament to our dedication to excellence and innovation solutions,” remarked Tran Thien Le, deputy director of PTSC M&C.

Upstream earlier reported that the Lac Da Vang’s FSO tender is a two-horse race between PTSC and Singapore’s Omni Offshore Terminals.

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