Velesto Wins Offshore Drilling Contracts for Three Jack-up Rigs

Tuesday, May 9, 2023

Malaysian offshore drilling rig contractor Velesto Drilling has received three notices of assignments related to a drilling contract award with Petronas first announced in March.

The contract is for providing three jack-up drilling rigs, the Naga 3, Naga 4, Naga 6, with an estimated total contract value of $128 million.

The Naga 3 has secured eight firm wells, the Naga 4 has four firm wells, plus options for up to two wells, and Naga 6 has secured six firm wells.

All contracts are expected to start in the third quarter of 2023.

Categories: Drilling Asia Shallow Water Drilling Rigs

Related Stories

MDL Secures Cable Laying Job in Asia Pacific

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

Brownfield Output Decline Accelerates, says IEA

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

DOF Secures Moorings Hook-Up Job in Asia Pacific

China Starts Production at Major Oil Field in Bohai Sea

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

Fugro Lands Deepwater Gas Field Job in Southeast Asia

Current News

MDL Secures Cable Laying Job in Asia Pacific

Hibiscus Petroleum Starts Drilling at Teal West Field off UK

Yinson Production Nets DNV Approval for New FPSO Hull Design

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

Brownfield Output Decline Accelerates, says IEA

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

Aquaterra Energy Nets Subsea Analysis Contracts with INPEX off Indonesia

POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field

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