PV Drilling secures jackup rig contract from KrisEnergy

Petrovietnam Drilling & Well Service Corporation (PV Drilling) has announced that it has entered into a contract with Singapore’s KrisEnergy for the provision of jackup rig PV Drilling I in the Gulf Of Thailand.

The contract is for six firm wells and two optional wells, with the total value of the contract around $6m.

The rig will be mobilized and commence operations early October 2017.

PV Drilling says the new contract is in line with the company’s business strategy to expand its drilling rig services into international markets.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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