2:37:31 PM | 10/3/2008
Singapore's Keppel Corp has won a US$205 million contract to build a jackup rig for a Vietnamese company, a company official who familiar with this deal said March 5.
Keppel FELS Ltd, a wholly-owned subsidiary of Keppel Offshore & Marine, will construct the rig for PetroVietnam Drilling Investment Corp., a subsidiary of PetroVietnam Drilling & Well Services Corp.
The rig, with a drilling depth of 30,000 feet, is scheduled for delivery in the fourth quarter of 2009, Keppel said in a statement.
There will be some 900 exploration wells in Vietnam over the next 15 years, said Mr. Do Van Khanh, chief executive of PV Drilling and chairman of PVD Invest.
Keppel is the world's biggest maker of offshore oil drilling rigs. (Foreign Media)
Vietnamese
