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PM-3 Commercial Arrangement Area

Name

PM-3 CAA Phase 2 and 3 Project

Location

Between Malaysia and Vietnam

Operator

Talisman

Phase 1 oil

July 1997

Phases 2 and 3

Early 2004

Area

1,350km²

Fields

West Bunga Kekwa, East Bunga Kekwa-Cai Nuoc, East Bunga Raya, West Bunga Raya, NW Bunga Raya and Bunga Seroja

Equity

Talisman Malaysia (41.44%), Petronas Carigali (46.06%), PetroVietnam (12.5%)

East Bunga Kekwa - Cai Nuoc field equity

Talisman Vietnam (33.15%), Petronas Carigali (Vietnam) (36.85%), PetroVietnam (30%)

Drilling

60-well programme

Development

4 new wellhead platforms, central processing platform, compression annexe platform, floating storage offloading vessel, inter-field pipelines

Throughput

60,000bbls/d of oil and 270mmcf/d gas

Central processing platform

9,000t

Type of installation

Floatover

EPCI contractor

Hyundai Heavy Industries (HHI)

Barge

Tai An Kou

Export pipeline

24in, 170km (PM-3 CAA to Resak); 18in, 330km (PM-3 CAA to Ca Mau)

Tanker

98,567dwt crude tanker

Original length

231.6m

New hull length

246.5m

Original capacity

688,728bbls

New capacity

853,853bbls
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