Gulf Oil and Gas accountACCOUNT

PV Drilling Wins Contract for Drilling Rig "PV Drilling I"

Source: www.gulfoilandgas.com 8/31/2017, Location: Asia

Share |
PETROVIETNAM DRILLING & WELL SERVICE CORPORATION (“PV Drilling”) announced that PV Drilling has entered into a contract on 21st August, 2017 for provision of the jack-up rig “PV DRILLING I” for KRISENERGY (GULF OF THAILAND) LTD.

The Contract will be performed in Block G10/48 in the Gulf of Thailand and remain in effect for the duration required to complete the six (06) firm wells and two (02) optional wells, worth approximately US$6 million. PV DRILLING I will be mobilized and commence operations in early October 2017.

KRISENERGY (GULF OF THAILAND) LTD, a wholly owned subsidiary of KrisEnergy Limited, has 89% working interest and operatorship of G10/48 and Palang Sophon Offshore holds the remaining 11%.

PV DRILLING I successfully completed a contract in Myanmar for Total E&P Myanmar in April 2017 and this new contract in Thailand marks the second country penetrated by PV Drilling I, in line with PV Drilling’s business strategy to expand its drilling rig services into international markets.

Rigs >>

Rigs News in Thailand >>

United Kingdom >>  5/22/2018 - Azinor Catalyst Limited, the Seacrest Capital Group-backed E&P Company focused on the UK Continental Shelf, is pleased to announce that it has signed ...
Nigeria >>  5/17/2018 - Eland Oil & Gas PLC, an oil and gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announ...

Cameroon >>  5/11/2018 - Bowleven, the Africa focused oil and gas exploration group, is pleased to announce the arrival of the Topaz-Driller rig in Cameroon waters. The two we...
Vietnam >>  5/1/2018 - The semi-submersible rig "HAKURYU-5" arrived at offshore Vung-tau in Vietnam on April 28th, and started the drilling operation on May 1st.

Bermuda >>  4/30/2018 - Borr Drilling has sold 14 old jack-up rigs en bloc to a non-drilling company. The rigs will be delivered to the new owner over the next 30 days. The d...
Saudi Arabia >>  4/30/2018 - Rowan Companies plc expects that four of its idle jack-ups will be leased to ARO Drilling to fulfill four three-year contracts that ARO Drilling has b...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


Thailand Oil & Gas 1 >>  2 | 3 |

More News

 

Oil & Gas Companies in Thailand >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.