TNK Vietnam, a subsidiary of TNK-BP Group, will begin drilling two subsea wells in the Lan Do field, offshore Vietnam, next month.
First gas from the $400m Lan Do project will come onstream in the fourth quarter of 2012.
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The company expects Lan Do to produce two billion cubic metres of natural gas a year, reports Bloomberg.
In addition, TNK Vietnam will participate in the current licensing round for offshore blocks being auctioned by PetroVietnam.
