Offshore Vietnam - Sao Vang and Dai Nguyet Gas Field

The Sao Vang and Dai Nguyet field is located offshore Vietnam, 350km southeast of Ho Chi Minh City. This gas field was discovered through exploration under Production Sharing Contract, Blocks 05-1b and 05-1c signed with PetroVietnam in 2004. After the Vietnamese government approved the Field Development Plan of this gas field in 2017, this project is currently under construction of facilities aiming to commence producing gas and condensate in the third quarter of 2020.

Participating Interest

Idemitsu Gas Production (Vietnam) Co.,Ltd. (operator) 43.08%
Teikoku Oil (Con Son) Co.,Ltd. 36.92%
Vietnam Oil and Gas Group (PetroVietnam) 20.00%
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