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Vietnam Launches $230 Million Oil drilling Rig

stander
stander
in Oil, Gas and Energy News

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The platform is the largest ever to be made in the country and capable of drilling down 9km.

State-controlled PetroVietnam Marine Shipyard has handed over the Tam Dao 05 jackup, the largest drilling rig ever to be built in Vietnam, the new owner Vietsovpetro said in a statement on Saturday.

Leading oil producer Vietsovpetro awarded PV Shipyard the contract to build the $230-million rig in November 2013. Both companies are subsidiaries of Vietnam’s national oil and gas group PetroVietnam, which has a 51 percent stake in Vietsovpetro with the rest held by Russia's state-run Zarubezhneft.

http://e.vnexpress.net/news/business/vietnam-launches-230-million-oil-drilling-rig-3452322.html

Anyone know if the product will feed to existing facilities or new ones? Worked at the PV ship yard, be nice to get back if there was an opening

Edited by gandalf12

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