Rong Doi MV12 Pte Ltd (MV12)

MV12, established in 2006, is a joint venture controlled by PTSC and its partners Modec, Inc.and Mitsui &Co., to invest and supply FSO MV12 to Korea National Oil Corporation (KNOC) for the operation in  Rong Doi Fields, Block 11-2 of the Nam Con Son Basin offshore Vietnam, contract starting since 2007.