PetroVietnam to buy third jackup rig

Jun 12, 2007 02:00 AM

PetroVietnam’s drilling arm, PV Drilling, plans to purchase its third jackup drilling rig to meet soaring demand from oil explorers, a company official said.
"We have plan to place the order for our third rig within this year," the official from the Ho Chi Minh City-based firm said. He said the offshore rig would cost around $ 200 mm.

Source: Asia Pulse Pte Ltd.
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