At 9:45 AM on December 26, 2024, at the Mizuho Bank office in Ho Chi Minh City, a Handover Ceremony took place between Petrovietnam Drilling & Well Service Corporation (PV Drilling) and Seadrill Prospero Ltd. This ceremony marked the transfer of ownership of a three-legged multi-purpose jack-up rig with cantilever to PV Drilling.
The event was attended by senior leaders of PV Drilling, representatives from Seadrill Prospero Ltd, along with a team of experts and Mizuho Bank.

The Handover Ceremony of the ownership of the three-legged multi-purpose jack-up rig with cantilever in the morning of December 26 in Ho Chi Minh City
With its high performance and ability to operate in harsh conditions, the three-legged multi-purpose jack-up rig with cantilever is a strategic asset that will help PV Drilling increase its competitiveness in the international market. This investment not only marks a significant step forward in the company's plan to expand its jack-up rig fleet to serve the key Southeast Asian market but also affirms the negotiation and international cooperation capabilities of the Corporation.
Immediately after taking ownership and completing the handover process, PV Drilling will proceed with reactivating the rig to ensure that it operates as good as new. The rig is scheduled to be put into operation from the fourth quarter of 2025 to meet the growing demand for jack-up rigs in both the domestic and regional markets.

PV Drilling’s technical team takes over the rig in Labuan, Malaysia
This event is a significant milestone, demonstrating PV Drilling's strong commitment and dedication to sustainable development in the new growth cycle.
PV Drilling's PR Team.