PetroVietnam Drilling in Deal to Lease Oil Gear to Lam Son JOC

HANOI - PetroVietnam Drilling and Well Services JSC said Monday it has signed a deal to lease an oil rig to Lam Son Joint Operating Co. for its project offshore Vietnam.

Under the contract, PetroVietnam Drilling will lease the PV Drilling II Oil Rig to Lam Son JOC for drilling at the Thang Long - Dong Do field in Block 02/97 in the Cuu Long Basin for a period of one year starting July 2013, the company said in a statement.

It didn't provide the value of the contract.

Lam Son JOC is a joint venture between PetroVietnam Exploration Production Corp. and Malaysia's Petronas Carigali Overseas Sdn. Bhd. 

 

Copyright (c) 2012 Dow Jones & Company, Inc.

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