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

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Japan and South Korea Look to Partner Up with US for Alaska Pipeline

Marine Masters Secures Wellhead Platforms Installation Job Off India

Sapura Energy Nets $720M from Multiple Drilling Services Contracts

Malaysia's Petronas Plans Job Cuts

Japan's Mitsui Eyes Alaska LNG Project

ADES’ Fourth Suspended Jack-Up Rig Gets Work Offshore Thailand

Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

Current News

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

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