Vietnam At A Glance

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