First oil from Southeast Asian offshore project flows sooner than expected
The start of production from an offshore platform at an oil field in Vietnamese waters comes 36 days ahead of schedule.
Beating its planned start date by more than a month, the Vietnam-Russia joint venture Vietsovpetro has achieved its first oil flow from a wellhead platform at the Bach Ho field off the coast of Vietnam to boost its 2026 output amid natural field declines and strengthen the Southeast Asian country's energy security.
The first oil milestone that was recorded on November 9, 2026, has enabled Vietsovpetro to bring online the BK-26 platform at the Bach Ho field in Block 09-1 offshore Vietnam. The beginning of production was achieved 36 days ahead of the approved timeline set by the Intergovernmental Council, because it was originally scheduled for December 15, 2026.
The early start-up is interpreted to directly augment domestic crude oil output, strongly supporting the fulfillment of Vietsovpetro and Petrovietnam’s 2026 production and business targets. The project enables field optimization by securing stable, sustainable reservoir extraction and extending the economic life of the offshore Bach Ho field in the coming years.
Petrovietnam emphasized: “This achievement highlights Vietsovpetro’s proven project execution capabilities, engineering excellence, and the enduring effectiveness of Vietnam - Russia energy cooperation.
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