en.Wedoany.com Reported - Vietnam's Petrovietnam Drilling & Well Service Corporation (PV Drilling) has secured a jack-up rig contract to provide development drilling services for Zarubezhneft EP Vietnam (ZNEP) at the Thien Nga – Hai Au field in Block 12/11, offshore Vietnam, in 2026. The ZNEP management team attended the signing ceremony alongside PV Drilling and its partners.

PV Drilling stated that against the backdrop of a positive drilling market recovery, the company has not only expanded its operations in Malaysia, Brunei, and Indonesia but also continues to ensure the supply of leased rigs for the Vietnamese market with high standards of safety and efficiency. The contract duration is estimated at approximately 160 days, with commencement planned for October 2026, and is regarded as a strategic milestone for ZNEP's field development in Vietnam.

PV Drilling President and CEO Nguyen Xuan Cuong reaffirmed the commitment to providing drilling services at reasonable prices, while ZNEP representatives expressed full confidence in the capabilities demonstrated by PV Drilling during previous drilling projects. The company also mentioned that two rigs were deployed in 2025, achieving high levels of operational efficiency and safety.

Prior to this contract signing, PV Drilling had reached an agreement with PVEP–Cuu Long to provide a second jack-up rig for its 2026 drilling project in Block 15-1, offshore Vietnam. The project encompasses two wells with a total duration of approximately 104 days, scheduled to begin in July 2026, utilizing Borr Drilling's Thor jack-up rig. Furthermore, in March 2026, PV Drilling held a naming ceremony for a versatile jack-up rig it acquired from Noble Corporation last year.

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