On July 8th, 2019, the PV DRILLING III rig was honored to receive the Recognition from Petronas - Malaysia's National
Oil Company – for its outstanding achievements in drilling operation and HSE performance, making contribution in helping
the rig to complete the drilling campaign in Bunga Orkid Delta (BOD) ahead of schedule. Specifically, the PV DRILLING
III has been carrying out the drilling campaign for Repsol since 2018 without any Lost Time Incidents (Zero LTI). This
is a clear evidence of the leadership's commitment to safety performance as well as safety culture of PV DRILLING III
rig in particular and PV Drilling Corporation in general. On this occasion, Repsol’s representative offered the PV
DRILLING III rig Team the Certificate of Appreciation for successfully drilling and completing four wells of the Bunga
Kekwa Campaign and Bunga Saffron Appraisal Well with no incidents and ahead of the plan.