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

Oil Rises as Fragile Middle East Ceasefire Sustains Supply Risks

CPC Oil Exports via Black Sea Stable After Attack Reports

IEA: Current Oil And Gas Crisis Exceeds Past Shocks Combined

India Resumes Iranian Oil Imports After Seven-Year Hiatus

Oil Holds Steady as Supply Risks from War Persist

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Arabian Drilling Flags Temporary Offshore Rig Suspensions in Persian Gulf

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

Dolphin Drilling, Vantris Ink Marketing Deal for Blackford Dolphin Semi-Sub

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Current News

Israel Orders Restart of Ops at Karish Offshore Gas Platform

Oil Rises as Fragile Middle East Ceasefire Sustains Supply Risks

Glencore, Taiwan’s CPC Charter Tankers as Hormuz Reopens

Nam Cheong Locks In Two OSV Charters amid Tight Southeast Asia Supply

Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

France Leads 15-Country Effort to Reopen Strait of Hormuz

Oil Tumbles, Stocks Surge on Middle East Ceasefire

ABL Transports Northern Endeavour FPSO to Recycling Yard

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

CPC Oil Exports via Black Sea Stable After Attack Reports

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