Phase

Production

Investment Type

PTTEP as Joint Operator

Exploration and Production

Vietnam 16-1 Project
Type of Business Exploration and Production
Concessions Block 16-1
Area 173 square kilometers (Only for TGT field)
Location Offshore, Southeast of Vung Tau City, Vietnam
Operator Hoang Long Joint Operating Company (HLJOC)
Petroleum Fields Te Giac Trang (TGT)
Type of Petroleum Natural gas and crude
Signing Date December 8, 1999
Production Start-up August 22, 2011
Phase Production
Investment Type PTTEP as Joint Operator

Partners & Share

Block 16-1

Petrovietnam Exploration Production Corporation (PVEP)
41%
PTTEP Hoang-Long Company Limited (PTTEP HL)
28.5%
SOCO Vietnam Ltd.
28.5%
OPECO Vietnam Ltd.
2%

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