News2012-01-05 01:06:33
Ca Ngu Vang Field reached 128% of 2011 production target
Started production since 25th July 2008, the Ca Ngu Vang (CNV) Field, operated by Hoan Vu Joint Operating Company (HVJOC), has been providing with stable output. On 31st December 2011, the CNV Field reached 128% production target of crude oil in a safe manner and without any lost time incident. This production was to ensure the revenue for the project and partnering investors, especially in a favourable trend of crude price currently.
Sharing joyfulness with HVJOC 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 HVJOC, visited, congratulating all of the staff on the success.
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