PV Drilling awarded jackup contract in Gulf of Thailand

Petrovietnam Drilling and Well Service Corporation (PV Drilling) has been awarded a contract for its PV Drilling I jackup rig by Canadian operator Valeura Energy.

The rig is expected to mobilise to the Wassana oilfield in the Gulf of Thailand in the second quarter of 2023 for an initial workscope comprising a five-well infill drilling programme.

The arrangement includes an option to extend the scope of work thereafter, to include additional drilling operations at the Calgary-based firm’s discretion.

Valeura said it expects to re-start production from the Wassana oil field in Q4 2022, with an increase targeted as a result of the 2023 infill drilling programme. The company is working towards securing the recertification of the field’s mobile offshore production unit facility and procuring suitable floating storage and offloading vessel.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
Back to top button