Vietnam: PV Shipyard to Construct Another Jack-up Rig and New Tender Barge

After the successful project of constructing the first 90 meter jack-up rig in Vietnam, PV Shipyard announced that it has been appointed by Petrovietnam to build another 90 meter jack-up rig and a new tender barge.

Vietsovpetro is the project owner of the second made-in-Vietnam jack-up rig. The project is starting some of the very first steps, and the contract between Vietsovpetro and PV Shipyard is expected to be signed by the end of 2011.

The tender barge construction project is owned by PV Drilling. The barge anticipates a completion within 26 months and is later on used by Chevron for upstream oil and gas activities.

The above projects express a determination of Government and PVN on localization of core mechanical engineering and exploitation of PV shipyard’s specialized facilities in rig building industry and skilled workforce with experience gained from the previous 90 meter jack-up project.

[mappress]

Source: PV Shipyard, August 8, 2011.