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.
The PV Drilling I jack-up rig (Photo: petrovietnam.petrotimes.vn)Hanoi (VNA) – 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.
Accordingly, the PV Drilling I jack-up rig will be used for the exploration of six fixed and two optional wells in the Gulf of Thailand’s block G10/48, where KrisEnergy holds an effective 89% working interest in and is the operator.
The work is scheduled to start in October 2017.
The contract is the second drilling deal that PV Drilling has secured this year with foreign partners.
Previously, it served Total E&P Myanmar’s 164-day drilling campaign in blocks M5 and M6 of Myanmar's sea.-VNA
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