Vietnam officially introduces its first oil floating storage offloading unit (FSO5) to serve as the national on-sea oil extraction plant.
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| Vietnam’s first oil floating storage offloading unit (FSO5) has the load capacity of 150,000 tons - Photo: VGP |
The handover ceremony of FSO5 took place yesterday afternoon in Hai Phong City between the main constructors, Nam Triệu Shipbuilding Company and Vietnam Shipbuilding Industry Group (Vinashin), and the contractor PetroVietnam.
The 258-m-long FSO5, 150,000 tons in weight, is the ever biggest mechanical project carried out in Vietnam. FSO5 is as a very important invention to help the domestic mechanical industry develop rapidly, Chairman of Nam Trieu Shipbuilding Company Nguyen Tung Lam evaluated.
The unit will extract oil at the Bach Ho and Dragon fields, 200 miles offshore.
Meanwhile, General Director Nguyen Hung Dung of the Petroleum Technical and Service Joint-stock Company (PTSC), main investor of FSO5, said even though the construction of FSO5 faced a lot of difficulties but thanks to the close supervisory and direction of the government and its related agencies the project can be completed.
He stressed on the safety insurance when performing technical work of dragging FSO5 to its location, installing connection and running test drive.