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PV Drilling's News

Rig fleet status report Q4/2025

Rig fleet status report Q4/2025

Rig fleet status report Q4/2025
The PV DRILLING I rig will be drilling at the Su Tu oilfield during the first quarter of 2026

The PV DRILLING I rig will be drilling at the Su Tu oilfield during the first quarter of 2026

Petrovietnam Drilling and Well Service Corporation (HOSE: PVD) announced that the PV DRILLING I jack-up rig will return to Vietnam upon completion of its drilling campaign in Malaysia to provide services for client PVEP Cuu Long starting from March 2026.
 
PV Drilling provides the PV DRILLING VI jack-up rig for the Block B & 48/95 and Block 52/97 field development program

PV Drilling provides the PV DRILLING VI jack-up rig for the Block B & 48/95 and Block 52/97 field development program

On November 2, 2025, Petrovietnam Drilling and Well Service Corporation (HOSE: PVD) and Branch of Vietnam National Industry – Energy Group – Phu Quoc Petroleum Operating Company (PQPOC) signed a Contract for the Provision of the PV DRILLING VI jack-up drilling rig for the 2027 development drilling program of the Block B&48/95 and Block 52/97 Field Development Project, offshore Southwest Vietnam.
 
PV Drilling - Nine-month net profit increased sharply year-over-year

PV Drilling - Nine-month net profit increased sharply year-over-year

Petrovietnam Drilling and Well Service Corporation (HOSE: PVD) announced its consolidated business results for Q3/2025, with total revenue reaching VND 2,646 billion, an increase of 5.1% year-over-year, and profit after tax increasing 54.2% year-over-year, reaching VND 277 billion. The accumulated 9-month results show revenue reaching VND 6,945 billion and net profit reaching VND 673 billion, representing a sharp increase compared to the same period last year.
 
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