CUULONG JOINT OPERATING COMPANY

Cuu Long Joint Operating Company is a factory (producer/operator).

Company Introduction:

Cuu Long Joint Operating Company (Cuu Long JOC) is a significant entity in Vietnam's oil and gas sector. It operates as a joint venture, primarily focused on the exploration, development, and production of crude oil and natural gas within the offshore Cuu Long Basin of Vietnam.

The company is responsible for managing and operating several key oil and gas fields, including the prominent Bach Ho (White Tiger) field and Rang Dong (Dawn) field. Its activities encompass extensive drilling operations, extraction of hydrocarbons, and initial processing of the raw materials. Cuu Long JOC is typically a consortium of various international and domestic energy companies, with PetroVietnam (Vietnam Oil and Gas Group) often holding a substantial stake.

As an operator engaged in the discovery, extraction, and processing of oil and gas resources, Cuu Long JOC functions as a primary producer and industrial operator, classifying it as a factory in the context of industrial production rather than merely a trader of commodities. It plays a vital role in contributing to Vietnam's energy supply and economic development.

Crude oil

Vietnamese: Dầu thô