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New Drilling Contract for “HAKURYU-11” (Vietnam)

Updated: Jul 10, 2023

Japan Drilling Co., Ltd. agreed to provide drilling services with a jack-up drilling rig ”HAKURYU-11” to certain operator based on the subcontract with PetroVietnam Drilling & Well Services Corporation who secured the drilling contract from the operator.

 The main terms of the drilling contract are as follows:

  1. Period of Contract :2 firm wells (120 - 160 days) + additional works for

  2 wells (25 – 30 days)

  2. Estimated Commencement Time :Between mid of March and mid of April 2024

  3. Operating Area :Offshore Vung Tau, Vietnam


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