PV DRILLING III sets new record for longest drilling rig in Malaysia

The self-elevating offshore drilling rig PV DRILLING III, owned by PetroVietnam Drilling and Well Services Corporation (PV Drilling) has recently set a new record for the longest one in Malaysia at 6,963m for its customer Hibiscus Oil & Gas Malaysia Limited (HML).
PV DRILLING III sets new record for longest drilling rig in Malaysia ảnh 1The self-elevating offshore drilling rig PV DRILLING III, owned by PetroVietnam Drilling and Well Services Corporation (PV Drilling) (Photo:pvdrilling.com)

Hanoi (VNA) – The self-elevatingoffshore drilling rig PV DRILLING III, owned by PetroVietnam Drilling and WellServices Corporation (PV Drilling) has recently set a new record for thelongest one in Malaysia at 6,963m for its customer Hibiscus Oil & GasMalaysia Limited (HML).

PV DRILLING III began drilling for HML in the end of 2021 andwill continue until the end of the third quarter this year under the signedcontract. This is one of the PV Drilling's long-term contracts signed amid thedull drilling market caused by COVID-19 pandemic.

Earlier, the self-elevating offshore drilling rigs PV DRILLING Iand PV DRILLING VI also set records for drilling wells with respective depthsof 7,300m and 6,768m for customers Cuu Long JOC and Thang Long JOC in Vietnam.

PV Drilling entered the Malaysian drilling market in 2017 withtwo drilling campaigns for customers PETRONAS CARIGALI SDN BHD and IPC MalaysiaB.V (LUNDIN), which were carried out by the PV DRILLING III and PV DRILLING VIrigs, respectively. In 2018, PV Drilling continued to offer services inMalaysia by signing a contract to provide PV DRILLING III for customer RepsolMalaysia.

In the fourth quarter of 2019,all four of PV Drilling's self-elevating offshore drilling rigs provided servicesin Malaysia, contributing to elevating PV Drilling to the second position inthe list of drilling contractors operating in this market.

With the new set records, PV Drilling is seekingcontracts to provide drilling rig services and well drilling technical servicesfor domestic and foreign customers./.

VNA

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