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PV Drilling secures 6 million USD deal with KrisEnergy

The PetroVietnam Drilling & Well Service Corporation (PV Drilling) has signed a contract worth over 6 million USD to offer jack-up drilling services to Singapore-based KrisEnergy.
PV Drilling secures 6 million USD deal with KrisEnergy ảnh 1The PV Drilling I jack-up rig (Photo: petrovietnam.petrotimes.vn)

Hanoi (VNA)
– The PetroVietnam Drilling & Well Service Corporation (PVDrilling) has signed a contract worth over 6 million USD to offer jack-updrilling services to Singapore-based KrisEnergy.

Accordingly,the PV Drilling I jack-up rig will be used for the exploration of six fixed andtwo optional wells in the Gulf of Thailand’s block G10/48, where KrisEnergyholds an effective 89% working interest in and is the operator.

Thework is scheduled to start in October 2017.

Thecontract is the second drilling deal that PV Drilling has secured this yearwith foreign partners.

Previously,it served Total E&P Myanmar’s 164-day drilling campaign in blocks M5 and M6of Myanmar's sea.-VNA 
VNA

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