The self-elevating offshore drilling rig PV DRILLING III, owned by PetroVietnam Drilling and Well Services Corporation (PV Drilling), has recently set a new record in Malaysia after it drilled to the depth of 6,963m for its customer Hibiscus Oil & Gas Malaysia Limited (HML).

PV DRILLING III began drilling for HML in the end of 2021 and will continue until the end of the third quarter this year under the signed contract. This is one of the PV Drilling's long-term agreements signed amid the slow drilling market caused by the COVID-19 pandemic.

Earlier, the self-elevating offshore drilling rigs PV DRILLING I and PV DRILLING VI also set records for drilling wells with respective depths of 7,300m and 6,768m for customers Cuu Long JOC and Thang Long JOC in Viet Nam.

PV Drilling entered the Malaysian drilling market in 2017 with two drilling campaigns for customers PETRONAS CARIGALI SDN BHD and IPC Malaysia B.V (LUNDIN), which were carried out by the PV DRILLING III and PV DRILLING VI rigs, respectively. In 2018, PV Drilling continued to offer services in Malaysia by signing a contract to provide PV DRILLING III for customer Repsol Malaysia.

In the fourth quarter of 2019, all four of PV Drilling's self-elevating offshore rigs provided services in Malaysia, contributing to lifting PV Drilling to the second position in the list of drilling contractors operating in this market.

With the new records, PV Drilling is seeking contracts to provide drilling rig services and well drilling technical services for domestic and foreign customers. — VNS