Offshore - Oil & Gas

PV Drilling to Deploy IDUN for PVEP-HCM Offshore Vietnam Drilling

PV Drilling will mobilize Borr Drilling’s IDUN jack-up rig for PVEP-HCM’s three-well TL-WHP program offshore Vietnam, with the 134-day campaign expected to start in mid-October 2026.

IDUN jack-up rig (Source: PV Drilling)

1, September 2026
48 Views

PV Drilling has signed a jack-up rig leasing contract with PVEP-HCM for the 2026 TL-WHP drilling program at Blocks 01/97 and 02/97 offshore Vietnam. The agreement was signed on 28 August 2026.

Under the contract, PV Drilling will mobilize the IDUN jack-up rig from Borr Drilling for the campaign. The program covers three wells at TL-WHP and is expected to last about 134 days, with operations scheduled to begin in mid-October 2026.

PVEP-HCM Director Vu Viet Hung said the rig contract forms part of preparations for the 2026 early drilling program. PVEP-HCM, PV Drilling and Borr Drilling worked on the contractual arrangements ahead of the planned campaign.

PV Drilling President and CEO Nguyen Xuan Cuong said the company will coordinate resources, technical requirements and operational preparations for the drilling work.

According to PVEP President and CEO Nguyen Thien Bao, drilling in the area is being resumed after the previous well was drilled around a decade ago or longer. Current production is approximately 3,000 barrels per day.

Tags: Blocks 01/97 and 02/97, Borr Drilling, IDUN, Jack-up Rig, offshore drilling, offshore Vietnam, PV Drilling, PVEP-HCM, TL-WHP

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.

1, Sep
|

Offshore - Oil & Gas

Valeura Energy Accelerates Wassana Project, Targets Early Q2 2027 First Oil

Valeura Energy is accelerating the Wassana redevelopment in the Gulf of Thailand, with CPP installation set for October 2026 and first oil possible around the beginning of Q2 2027.

31, Aug
|

Offshore - Oil & Gas

Northern Ocean’s Deepsea Mira Expected to Stay Idle Into Q1 2027

Northern Ocean expects Deepsea Mira to remain idle into Q1 2027 after several 2026 opportunities did not materialise and other drilling programmes were delayed.

29, Aug
|

Offshore - Oil & Gas

Dolphin Drilling Reviews GHL Proposal for Blackford Dolphin Nigeria Deployment

Dolphin Drilling is reviewing a GHL proposal involving a potential Blackford Dolphin deployment in Nigeria and a cash payment covering part of an arbitration award.