Petronas Books Three Velesto’s Jack-Up Rigs

Tuesday, March 26, 2024

Petronas Carigali (PCSB), a subsidiary of Malaysian state-owned energy company Petronas, has booked three jack-up rigs from Velesto for drilling operations off the coast of Malaysia.

The contract with Petrobras is for three Velesto’s jack-ups – Naga 2, Naga 4, and Naga 6. All three have been booked for two years, starting from February 7, 2024 until February 6, 2026, Malaysian rig owner Velesto said.

The deal is inclusive of the continuation from the current drilling campaign for the Naga 2, Naga 4, and Naga 6 rigs as per notice of assignment dated January 11, 2024, March 7, 2023 and June 2, 2023, for a total contract value of $73,040,600, $94,883,800 and $97,077,800 respectively.

All three rigs are premium independent-leg cantilever jack-ups with drilling depth capability of 30,000 feet. Velesto’s Naga 2 has a rated operating water depth of 350 feet, while Naga 4 can operate at 400 feet and Naga 6 at 375 feet.

Categories: Drilling Industry News Activity Asia Jack-ups Oil and Gas Jack-up Rig

Related Stories

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Blackford Dolphin Kicks Off Long-Term Drilling Campaign Offshore India

Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery

Korea's Hanwha Raises Offer for Singapore's Dyna-Mac Takeover

Nong Yao C Development Bolsters Valeura’s Production Rates Off Thailand

CNOOC Starts Production from Deepwater Gas Project in South China Sea

TotalEnergies Extends LNG Supply Agreement with CNOOC Until 2034

Valeura Produces First Oil from Nong Yao Extension Off Thailand

ADNOC Signs LNG Supply Agreement with Osaka Gas for Ruwais LNG Project

Valeura Set to Restart Wassana Production Offshore Thailand

Current News

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

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