The PV Drilling 8 rig, newly acquired in 2024, is slated to commence operations in Vietnam by September, while PV Drilling 6 will return from overseas to serve a contract at Block B – Phu Quoc in mid-2027, positioning the company for stronger revenue growth.
In less than a month, Dragon Capital has reinstated its position as a significant shareholder in PV Drilling while also increasing its investments in Phu Nhuan Jewellery (PNJ) and FPT Digital Retail (FRT).
Vietnamese Ambassador to Algeria Tran Quoc Khanh visited and offered Lunar New Year (Tet) greetings to the Vietnamese engineers at the oil and gas joint venture of Groupement Bir Seba (GBRS) on January 22 - 23.
The Lac Da Vang oil field of Vietnam, with a total investment of nearly 700 million USD, has received the final investment decision (FID), expected to generate considerable work for the Petrovietnam Technical Services Corporation (PTSC) and the Petrovietnam Drilling and Well Services Corporation (PV Drilling) in the coming time.
Petrovietnam Drilling and Drilling Services Joint Stock Corporation (PV Drilling) has decided to establish four operating offices in ASEAN countries as part of its efforts to expand its presence in the region.
The Petrovietnam Drilling and Well Service Corporation (PV Drilling) will supply a jack-up rig for drilling operations by the Republic of Korea’s SK Innovation Co. Ltd (SKI) at Lot 16-2 in Vietnam’s offshore area.
PetroVietnam Drilling and Well Services Corporation (PV Drilling) plans to purchase more machines and equipment worth 315 billion VND (13.71 million USD) to maintain its services.
PetroVietnam Drilling and Well Services Corporation (PV Drilling) will provide jackup rig PV Drilling II for Vietsovpetro, the Vietnam-Russia oil and gas joint venture, to expand its operation in five offshore oil wells in Block 09-1.
The PetroVietnam Drilling & Well Service Corporation (PV Drilling)’s rig PV Drilling III will implement its contract to drill five new wells for Kris Energy in Cambodia for three months, starting October.
PetroVietnam Drilling & Well Service Corporation (PV Drilling) under PetroVietnam will provide heavy tender assist semi-submersible drilling rig for Brunei Shell Petroleum Company Sdn Bhd (BSP).
PetroVietnam Drilling and Well Services Corporation (PV Drilling) under the Vietnam Oil and Gas Group (PVN) has seen robust signs in its business activities when prices of crude oil improve and the oil drilling market becomes warmer.
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.
The PetroVietnam Drilling and Well Services Corporation (PV Drilling) will provide a drilling rig and drilling related services for Myanmar from October, said PetroVietnam (PVN) on August 22.
The PetroVietnam Drilling and Well Services Corporation (PV Drilling) plans to expand its coverage in rig and drilling related services provision, to Myanmar, Malaysia and the Middle East.
