Petrovietnam to complete central processing platform for Block B project in 2025

Petrovietnam and its technical arm PTSC aim to build and install various key facilities of the mega Block B gas project by end-2025, the state-owned energy giant said last week.

Nghiem Thuy Lan, head of oil-gas labor union, announced the target at a meeting on work emulation for the project. The key facilities include the central processing platform (CPP), living quarter platform (LQP), infield pipeline, and others.

She also set a deadline for completing seismic activities by November 30.

Speaking at the event, Petrovietnam general director Le Ngoc Son highlighted the efforts can help Block B project meet its timeline of “first gas” and help ensure the country’s energy security.

The Block B – O Mon gas-to-power project is a mega and long-delayed project, with an investment of $12 billion. Located off southwest Vietnam, Block B is the country’s second-largest upstream gas project after Ca Voi Xanh (Blue Whale).

Its shareholders are Petrovietnam, Petrovietnam Exploration & Production, Japan’s Mitsui Oil Exploration (MOECO), and Thailand’s PTT Exploration and Production Public Company (PTTEP).

The exploited gas, 433 kilometers off the coast of southern Vietnam, will be transported to the Mekong Delta city of Can Tho for the 3,810-MW O Mon power complex, which comprises the O Mon 1, O Mon 2, O Mon 3, and O Mon 4 power plants.

The project has an annual designed capacity of 22 billion kWh. The O Mon 1 power plant is already operational with feedstock not from Block B, while the O Mon 2, 3 and 4 power facilities are set to begin operations in 2026, 2027, and 2028, respectively.

In October 2024, Prime Minister Pham Minh Chinh requested Petrovietnam (PVN) and Vietnam Electricity (EVN) to prepare for the project’s “first gas” in 2026.