PTSC subsidiary wins contract for drilling rigs

The PTSC Mechanical and Construction Company limited (PTSC M&C), a subsidiary of Vietnam’s Petroleum Technical Services Corporation (PTSC) has won a contract worth 113 million USD to build the topside structure for Thang Long and Dong Do drilling rigs.
The PTSC Mechanical and Construction Company limited (PTSC M&C), a subsidiary of Vietnam’s Petroleum Technical Services Corporation (PTSC) has won a contract worth 113 million USD to build the topside structure for Thang Long and Dong Do drilling rigs.

The contract was awarded to PTSC M&C on May 14, by the Lam Son Joint Operating Company ( LSJOC) , a joint company owned by the PetroVietnam Exploration and Production Corporation (PVEP, Vietnam ) and the Malaysian company Petronas Carigali Overseas.

Under the contract, PTSC M&C will carry out the procurement, construction, installation, and also commission the drilling rigs, which weigh approximately 1,100 tonnes each.

The project is scheduled to be completed by August 2013. Also, on May 14, PTSC M&C also held a ceremony to transport the jacket and topside of the Su Tu Trang rig to sea for field installation.
The project has an investment of 150 million USD with a duration of 27 months.-VNA

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