The Second Biggest Petroleum Producer and Leading Operator in Viet Nam

News2012-01-05 01:02:06

Te Giac Trang Field reached 120% target of 2011 production

On 31st December 2011, the Te Giac Trang Field (TGT) operated by Hoang Long Joint Operating Company (HLJOC) reached 120% production target of crude oil in a safe manner and without any lost time incident. The TGT Field started production on 22nd August 2011 with stable output. This production was to ensure the revenue of the project and partnering investors, especially in a favourable trend of crude price currently. HLJOC is conducting all necessary matters to launch H4 area of the TGT Field into production in August 2012, this is to contribute to addition of 2012 production output.

 

 

Sharing joyfulness with HLJOC on the occasion of great achievement, on 3rd  January 2012, Dr. Do Van Khanh – Chairman of Board of Directors of PetroVietnam Exploration Production Corporation (PVEP) - a largest partner of the HLJOC, visited, congratulating all of the HLJOC staff on the success.