JV Vietsovpetro has launched a new Tam Dao-05 Jack Up Drilling Rig

On August 12, 2016 in Vung Tau, at the PV Shipyard’s (subsidiary of the Vietnam Oil & Gas Group PetroVietnam) construction site, a solemn ceremony of the Tam-Dao Jack-Up Drilling Rig’s delivery to JV Vietsovpetro was held.

On behalf of the Vietnamese part, the event was attended by the Vice President of the Socialist Republic of Vietnam, Dang Thi Ngoc Thinh, Deputy Prime Minister, Trinh Dinh Dung, the former Prime Minister of the Socialist Republic of Vietnam Nguyen Tan Dung, General Director of the Vietnam Oil & Gas Group (PetroVietnam), Nguyen Vu Truong Son and General Director of Vietsovpetro JV, Tu Thanh Nghia.

On behalf of the Russian part, the event was attended by the Deputy Minister of Energy of the Russian Federation, Kirill Molotsov, Chairman of the Zarubezhneft’s Board of Directors, Evgeniy Murov, General Director of Zarubezhneft JSC, Sergey Kudryashov, as well as the First Deputy General Director of JV Vietsovpetro, Victor Maltsev.

Tam Dao-05 Jack-Up Drilling Rig has added to the fleet of the floating facilities of JV Vietsovpetro and become the fifth in succession of this type. In 2016, for a period of seven months, the JV Vietsovpetro drilled more than 59 000 meters, completed construction of 18 production and exploration wells, including the wells using the Murmanskaya Jack-Up Drilling Rig, which is currently being prepared for work on the Block 12/11.

The participants of the ceremony have stressed the large significance of this project which was aimed at strengthening of the technological potential and capacities of the joint Vietnamese-and-Russian enterprise Vietsovpetro.

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Technical specifications of the Tam Dao-05 Jack-Up Drilling Rig make it one of the most demanded rigs capable of operating at the significant part of oil and gas-bearing shelf of Vietnam. Its 750 tons design capacity enables drilling the wells to the depth of 9 000 meters. The jacket leg length reaches 147 meters that allows drilling off the shore at the depth of up to 120 meters. The rig is equipped with the most up-to-date equipment of the leading world producers. Total specific amount of metal of the rig is 18 000 tons, and admissible aggregate load on the rig is 6 100 tons.

The cost of the project totaled $200 million USD and JV Vietsovpetro acted as its investor.

Source: oil gas