PetroVietnam Drilling & Well Service Corporation (PV Drilling) has entered into a Contract for Provision of Heavy Tender Assist Semi-Submersible Drilling Unit PV DRILLING V with Brunei Shell Petroleum Company SDN BHD (BSP). The contract has the duration of six years, plus two (2) times of two (2) year extension with commencement date of 01st April, 2021 in Brunei Darussalam.
PV DRILLING V, which is the 8th TAD in the world, is the latest generation of its kind with state-of-the-art technology and could be considered the most modern TAD Rig with the SSDT 3600E HP design. In addition, PV DRILLING V is also the first design with high-tech applications that enables the Rig to work on the High Pressure High Temperature wells (HPHT) by its BOP control system that has working pressure up to 15.000 psi (equal approximately 1020 atm). The rig was completed in late 2011 and served for the drilling campaign of Bien Dong POC at Hai Thach – Moc Tinh field in early 2012 with a total of 16 drilling wells in deep water and offshore areas with extremely complicated and difficultly geological conditions. However, PV DRILLING V managed to complete the project prematurely, which assisted Bien Dong POC in saving time and reducing operation cost. During the whole project, the TAD has safely operated with operating efficiency of over 96%. This success has affirmed PV Drilling’s capability on mastering the technology and valuable experience of the rig’s technical staff.
The above contract not only helps to affirm PV Drilling’s capability in service provision but also offers PV Drilling an opportunity to provide BSP drilling services for the first time, especially brings job for the TAD rig. This is also the longest-term drilling contract PV Drilling has entered into. Taking this ocassion, PV Drilling will confirm and strengthen its presence in such an oil and gas strategic market as Brunei.
The first TAD in the world, named SSDT – 800, was built and developed by KFELS in 1994 and up to now KFELS has delivered such seven units with the latest model named SSDT 3600E, all of which have been deployed in both shallow and deep waters off Southeast Asia and West Africa. PV Drilling V is the 8th TAD in the world which is the latest generation of its kind with state-of-the-art technology and could be considered as the most modern Tender Assist Drilling Rig with the SSDT 3600E HP design. Developed by Keppel O&M’s Deepwater Technology Group (DTG), the KFELS SSDT 3600E design has revolutionized the way in which drilling tenders work, allowing them to be deployed next to deep water floating platforms for the first time.
