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.