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Jack-up PV Drilling III: en-route to Vietnam for five-year charter with Vietsovpetro.

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Keppel delivers PV Drilling III

KeppelFels has delivered a second jack-up rig within a span of less than three months to PetroVietnam Drilling & Well Services (PV Drilling).

The Singapore-based rig builder was awarded S$640,000 (about US$462,000) bonus for delivering the rig one and a half months before schedule and without incident.

PV Drilling III is due to begin a five-year contract with Vietsovpetro in the Bach Ho field, offshore Vietnam.

The rig is the second jack-up KeppelFels has delivered to PV Drilling this year.

The Vietnamese driller took delivery of the earlier unit, PV Drilling II in September.

The jack-up was ready for work as soon as it arrived on location and has achieved a good operational track record without any downtime, PV Drilling’s president, Do Van Kanh said.

Keppel has delivered three KFELS Class jack-ups to PV Drilling since 2005.

The KFELS B Class rig is able to operate in water depths of 400 feet with a drilling depth of 30,000 feet.

PV Drilling III is the third KFELS B Class jack-up rig

PV Drilling III completes the series of three KFELS B Class jackup rigs ordered by PV Drilling since 2005.

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