On 15th March, 2013, PVC-MS (PXS Code–Hose) and Petronas Carigali Vietnam Limited (PCVL) have held the signing contract & first-cut ceremony of Diamond project.

Diamond project is the wellhead platform of Diamond field in Block 1 and 2, invested by Petronas Carigali Vietnam Limited (PCVL). PVC-MS is the general contractor.

This project has a total value of more than USD57 million, includes a jacket with 2.350 tons and topside of 2000 tons.

As scheduled, PVC -MS will complete fabricating the jacket on 10^th August 2013 and topside on 23^rd February 2014 to make sure that Diamond platform will receive the fist oil flow on 19^th May 2014.

This is the second EPCC bidding packet of PVC-MS, after the success of the first project: topside WHP-H4 Te Giac Trang (more than USD 44 million), which PVC-MS also took the role of general contractor. 

This is a key project of the Vietnam National Oil and Gas Group (PVN).  Diamond Wellhead Platform plays a significant role in the plan of PVN, which assures the petroleum production increase for the country.

The project opened for business and production activities in 2013 of PVC-MS. The performance time of the contract is expected 12 months and has value equivalent with one year’s revenue plan of PVC-MS.

As soon as the investor decided to award the contract, PVC-MS urgently prepared for the project.

“PVC-MS are very confident with our experienced staffs, skilled workers, and modern facilities.  I would like to commit Diamond project will be done with the highest quality, absolutely safety, and in progress.” Mr. Nguyen Dinh The, Director of PVC-MS said in the ceremony.