PVEP-NSC and Vietsovpetro Mark Significant Milestone in Dai Hung Nam Offshore Project
In a remarkable achievement showcasing Vietnam's growing technical prowess in the offshore oil and gas sector, PVEP-NSC (Petrovietnam Exploration Production Corporation - National Support Company) in collaboration with the Vietsovpetro Joint Venture and various contractors has successfully completed the installation of Panel Row 2 of the Wellhead Platform Dai Hung Nam (WHP-DHN) jacket foundation. This accomplishment represents a critically important technical milestone in the Dai Hung Nam field development project.
Technical Achievement: Panel Row 2 Installation
The successful installation of Panel Row 2 demonstrates exceptional engineering capabilities and precise execution. The massive structural component, weighing approximately 1,200 tons, was meticulously positioned using a synchronized lifting system involving seven heavy-lift cranes with capacities ranging from 400 to 1,200 tons, complemented by numerous specialized support equipment.
Following approximately three hours of continuous construction operations, the structural component was accurately placed in its designed position, meeting the highest standards of:
- Safety protocols
- Quality requirements
- Construction schedule adherence
This complex lifting operation required meticulous planning and coordination to ensure the structural integrity of the component while maintaining strict safety standards throughout the installation process.
Dai Hung Nam: A Strategic Project
The Dai Hung Nam project stands as one of Petrovietnam's strategic offshore oil and gas ventures for the 2026-2030 period. This development is crucial for Vietnam's energy security and economic growth, representing a significant investment in the country's hydrocarbon resources.
The Wellhead Platform Dai Hung Nam (WHP-DHN) jacket foundation features impressive specifications:
| Specification | Details |
|---|---|
| Total Weight | Approximately 8,000 tons (including piles) |
| Design Environment | Specifically engineered for deep-water operations |
| Well Capacity | Integrates 11 well slots for production |
| Special Features | Equipped with a drilling support deck for early development phase |
| Advantages | Optimizes costs and significantly shortens overall project timeline |
Significance Amid Global Energy Market Volatility
In the current context of global energy market volatility—characterized by geopolitical tensions and unpredictable oil prices—the successful maintenance of the Dai Hung Nam project's schedule demonstrates several key capabilities of Vietnam's oil and gas industry:
- Technical Excellence: Proven technical capability in executing complex offshore projects
- Deep-Sea Expertise: Demonstrated ability to master deep-sea construction techniques
- Project Coordination: Proficiency in managing large-scale EPCI (Engineering, Procurement, Construction, Installation) projects
- Energy Security: Reinforcement of the stability of the national energy supply chain
Production Performance and Strategic Importance
According to the latest reports, Petrovietnam's crude oil production during the first four months of 2026 increased by 14.3% compared to the same period in 2025. Projects like Dai Hung Nam are playing a foundational role in achieving the company's medium and long-term production targets.
The Dai Hung Nam development represents more than just an oil and gas extraction project; it serves as a comprehensive test of capabilities in:
- Offshore project governance and management
- Super-heavy and super-large mechanical engineering
- Industrial safety standards in marine environments
- National energy self-sufficiency during the global energy transition
Future Outlook
As Vietnam continues to develop its offshore oil and gas resources, projects like Dai Hung Nam will play an increasingly important role in the country's energy portfolio. The successful execution of this project not only contributes to current production targets but also builds technical expertise that will be essential for future developments in increasingly challenging deep-water environments.
The collaboration between PVEP-NSC and Vietsovpetro highlights the effectiveness of international partnerships in developing Vietnam's natural resources while building domestic technical capabilities. This successful installation milestone sets a positive precedent for the remaining phases of the Dai Hung Nam project and similar developments in Vietnam's offshore waters.