3/5/2015
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HO CHI MINH CITY, Vietnam -- Honeywell Process Solutions (HPS) announced Thursday that it has been selected to handle critical project management and engineering for a third oil and natural gas platform that will tap energy reserves off the coast of Vietnam.
Hoang Long Joint Operating Co. (HLJOC) will operate the TGT-H5 wellhead platform located in Te Giac Trang (TGT) field off the southern coast of Vietnam. HPS served as the main contractor and provided control and safety solutions for HLJOC’s two other platforms that are currently operating in TGT field.
Along with turnkey project management and engineering of the new platform’s topside structures, HPS will install an integrated Honeywell control and safety solution, including a new fire and gas system, to improve automation, increase cyber and physical security, and improve operator effectiveness. TGT-H5 plans to begin production in the fourth quarter of 2015. Total production from the three platforms is expected to be about 50,000 bopd.
The new contract includes engineering management and integration with the two existing TGT platforms, the FPSO vessel that processes the hydrocarbons produced by the platforms, and remote monitoring from the HLJOC office in Ho Chi Minh City. Specific technology to be used on the H5 platform includes Experion PKS, C300 Controller, and Safety Manager.
HLJOC is a state-owned partnership between PetroVietnam Exploration and Production Corp., SOCO Vietnam Ltd., OPECO Vietnam Ltd and PTT Exploration and Production Co. Ltd.
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