PV Drilling finds work for jack-up rig

Business & Finance
PV Drilling II; Image: PV Drilling

Vietnamese offshore driller PV Drilling has reportedly found work for one of its jack-up drilling rigs.

According to VesselsValue, the Vietnam-based company won a three-month deal with an undisclosed charterer for the PV Drilling II jack-up drilling rig.

The fixing date of the contract was Thursday, November 30, with the deal scheduled to begin on May 1, 2018.

VesselsValue stated that the deal for the PV Drilling II would end on July 31, 2018.

No additional information regarding the deal was disclosed. The drilling location as well as the financial details remain unknown.

According to latest AIS data for the rig, dated November 20, the PV Drilling II rig is currently located off the coast of Vietnam.

The PV Drilling II is a KFELS MOD V B-class Jack-up capable of operating in water depths up to 400 feet. The rig, built in 2009 by Keppel FELS Singapore, has a maximum drilling depth of 30,000 feet, and can accommodate 120 people.

Offshore Energy Today Staff