Petronas Hires Velesto Jack-Up Rig Duo

OE Staff
Wednesday, March 24, 2021

Malaysian drilling contactor Velesto Drilling has won two offshore drilling rig contracts with Petronas Carigali.

Under the contracts valued at $20.76 million in total, Petronas Carigali will hire Velesto's jack-up rigs Naga 2 and Naga 5.

The Naga 2 jack-up, built by Drydocks, will drill three firm wells for the Malaysian oil company, with the start-up scheduled between May 15, 2021, and June 2021. The rig has a drilling depth capability of 30,000  (9144 meters)  feet and has a rated operating water depth of 350 feet (106.68 meters).

As for the other rig, the Naga 5, it will drill one firm well with an extension option of one plus one well, on the same terms and conditions with an expected start date between April 1, 2021, and April 14, 2021.

The three-legged jack-up Naga 5 rig, built by Singapore's Keppel Fels, has a drilling depth capability of 30,000 feet (9144 meters) and has a rated operating water depth of 400 feet (121.92 meters).

Categories: Drilling Asia Rigs

Related Stories

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

Valeura Lifts Output with Three Producing Wells at Thailand’s Manora Field

Velesto Inks Five-Year Drilling Deal for Jack-Up Rig with Petronas

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

Eni Makes Significant Gas Discovery Offshore Indonesia

Current News

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Eni Advances Major Deep Water Gas Hubs with Dual FIDs

Eni Advances Angola Gas Project, Secures $9B Credit Facility

TVO Customizes Tethered BOP Technology

Eni: New Gas Discoveries in Libya

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

Iran War Exposes Risks of Fossil Fuel Dependence

Magazine

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com