Oil and Gas Rig Construction and Repair Project

March 4, 20190

Petroleum Rig Manufacturing Joint Stock Company (PV Shipyard) is investing in the construction of the Oil and Gas Rig Construction and Repair Base Project on an area of 39.80 hectares with a total investment capital of 4,556.652 billion copper at Sao Mai Ben Dinh Port. This is one of the National key mechanical projects according to Decision No. 10/2009/QD-TTg dated January 16, 2009, of the Prime Minister.

The project is expected to complete phase 1 in the fourth quarter of 2011 to ensure sufficient conditions to build and successfully launch a 60-meter water rig. This is also a PV Shipyard project owned by the Petroleum Group. invested and approved by the Government in the list of key mechanical products for the period 2009 – 2015.

PV Shipyard’s goal is to build the Oil and Gas Rig Construction and Repair Base into one of the most dynamic and highly productive factories on par with famous rig manufacturing corporations in the world. .

The launch of the project will solve local employment problems and contribute to the economic and social development of Ba Ria – Vung Tau province in particular and Vietnam in general.