PetroVietnam builds 60-metre jack up rig

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Work on a 60-metre jack up rig for PetroVietnam began at the PV Shipyard in Vung Tau on June 26.

The vessel will be deployed for oil and gas exploration and exploitation.

With a project price of US$180 million, the LeTourneau Technologies-designed rig will be built over a period of 32 months.

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