Vietnam At A Glance
We acquired Block 46 Cai Nuoc from Repsol in January 2022 as part of the same acquisition which included three Malaysia PSCs and the PM3 CAA PSC. It lies adjacent to PM3 CAA and oil produced from Block 46 Cai Nuoc flows into the PM3 CAA facilities.
Asset Name:
Block 46 Cai Nuoc PSC
Licence:
Block 46 Cai Nuoc Production Sharing Contract
Hibiscus Petroleum’s Interest:
70%
Operator:
Talisman Vietnam Limited*
Non-operating Partner:
PetroVietnam Exploration Production Corporation Ltd.
Asset Location:
Offshore Vietnam
Water Depth:
56m
Field Life Cycle:
Production
Producing Fields:
Cai Nuoc
Development Type:
Tie-back to PM3 CAA facilities
Acquisition Date:
25 January 2022
Office Locations:
Kuala Lumpur
*Operator name to be changed