Hanoi: In a notable step forward for the nation’s offshore building ambitions PetroVietnam Technical Services Corporation (PTSC) has launched the upper deck of an oil rig, as part of a contract for the Oil and Natural Gas Corp Ltd of India (ONGC).
The $70m upper deck of the Heera Redevelopment (HRD) process platform project for ONGC took 17 months to complete.
The deck is now being transported to India.
This is the first time Vietnam has successfully manufactured an important part of an oil rig for a foreign partner, pointed out deputy prime minister Hoang Trung Hai. [02/11/14]