CÔNG TY LIÊN DOANH ĐIỀU HÀNH CỬU LONG (BL.15-1)

Company Type: Operating Company (Oil and Gas Sector)

Introduction:

Cuu Long Joint Operating Company (CLJOC) is a joint venture primarily engaged in the exploration, development, and production of crude oil and natural gas. Its operations are focused on Block 15-1, located in the Cuu Long Basin offshore Vietnam.

This company is not a factory that manufactures goods, nor is it solely a trading company. Instead, it is an operating entity formed by multiple partners (typically including PetroVietnam Exploration and Production Corporation - PVEP, and various international oil companies that have partnered over time) to manage the complex processes of extracting natural resources.

CLJOC is responsible for the full lifecycle of oil and gas extraction within its block, including seismic surveys, drilling of exploration and production wells, construction and operation of offshore platforms and facilities, and the processing and transportation of crude oil and natural gas. Block 15-1 is one of Vietnam's most productive oil and gas blocks, hosting significant fields such as Su Tu Den (Black Lion), Su Tu Vang (Golden Lion), Su Tu Trang (White Lion), and Su Tu Nau (Brown Lion). CLJOC plays a vital role in Vietnam's energy sector by managing these critical upstream operations.

CÔNG TY LIÊN DOANH ĐIỀU HÀNH CỬU LONG (Cuu Long Joint Operating Company - CLJOC) produces and sells crude oil.