Vietnam Appoints New PetroVietnam Chair
31, December 2025
Vietnam appointed Le Ngoc Son as PetroVietnam chairman effective 26 December 2025, as the state energy group reported 2025 revenue exceeding VND 1.1 quadrillion.
Petrovietnam
LFG and PV Drilling Outline Plans for Malaysia Joint Venture
19, November 2025
Lianson Fleet Group and PV Drilling have agreed to review joint activities in Malaysia’s offshore drilling sector. Their planned partnership includes rig ownership, chartering and service support, with an initial target of two jack-up units. A shareholders’ agreement is expected in early 2026.
PV Drilling to Deploy PV Drilling VI Jackup for 2027 Vietnam Offshore Project
6, November 2025
PV Drilling will deploy the PV Drilling VI jackup rig for PQPOC’s 2027 offshore development campaign in Southwest Vietnam, covering 40 wells across Blocks B&48/95 and 52/97.
PPL Achieves Record 4,000-Ton Offshore Substation Loadout in Vietnam
30, September 2025
PPL has completed Vietnam’s largest-ever offshore substation topside loadout, a 4,000-ton structure fabricated by PV Shipyard, marking a milestone in the nation’s heavy-lift and offshore logistics capabilities.
