PV Drilling's News

PV Drilling singed the new contract for PV DRILLING II rig(07/14/2015)

On July 13th 2015, PV Drilling has signed the contract to supply the jackup rig PV DRILLING II to PVEP Song Hong Company Limited (PVEP Song Hong) in Ha Noi.

Starting from the middle of July 2015, PV DRILLING II rig will undertake the PVEP Song Hong’s exploration drilling campaign at block 103-107 belonging to the Song Hong basin.  After that, PV DRILLING II rig is planned to continue drilling for PVEP at block 102/10 & 106/10.

According to the recent IHS’s report, the Southeast Asia drilling market remains relatively active even though many requirements are for 2016 or even later.
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