PV Drilling

Update news PV Drilling

Vietnam holds 20% of Southeast Asia’s oil exploration and production market

Vietnam is forecast to add two more jack-up rigs, as demand for oil exploration and production continues to rise.

Producers of oil & gas firms see drop in profits, but distributors’ earnings rise

The oil price fluctuations have had a big impact on the business performance of Vietnam’s oil and gas firms. While miners and producers have unsatisfactory business results, distributors have made make fat profits.