
Japan Drilling Co., Ltd. agreed to provide drilling services with a jack-up drilling rig “HAKURYU-11†to certain operator based on the subcontract with PetroVietnam Drilling & Well Services Corporation who secured the drilling contract from the operator.
The main terms of the drilling contract are as follows:
| 1. Period of Contract | :5 firm wells (approx. 300 days) + 1 option well (approx. 60 days) |
| 2. Estimated Commencement Time | :Around October 2019 |
| 3. Operating Area | :Offshore Vung Tau, Vietnam |
Photo: JDC
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