PV Drilling will provide Heavy Tender Assist Semi-Submersible Drilling Unit “PV DRILLING V” for Brunei Shell Petroleum Company Sdn Bhd. — Photo courtesy of PVN

PetroVietnam Drilling & Well Service Corporation (PV Drilling) will provide Heavy Tender Assist Semi-Submersible Drilling Unit “PV DRILLING V” for Brunei Shell Petroleum Company Sdn Bhd (BSP).

According to a contract signed on September 24, PV Drilling will provide the tender assist semi-submersible drilling rig (TAD) for BSP’s deepwater drilling project in Brunei.

This is also PV’s longest-term drilling contract and will develop business and ensure revenue next year, the company reported on its website.

This contract is part of PV Drilling's plan seeking business opportunities in foreign markets.

The PV DRILLING V, the 8th TAD in the world, is the latest generation of its kind with advanced technology. It also has the first design with high-tech applications that helps the rig work on high-pressure and high-temperature wells (HPHT) at pressure up to about 1020 atm.

The rig was completed in 2011 and served for the drilling campaign of the Bien Dong Petroleum Operating Company (Bien Dong POC) at Hai Thach – Moc Tinh field in early 2012 with a total of 16 wells in deep water in extremely complicated and difficultly geological conditions.

However, PV DRILLING V managed to complete the project prematurely, helping Bien Dong POC save time and operation costs. — VNS