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 India Discovers Gas in Shallow Waters of Krishna-Godavari Basin

Masirah Oil Starts Yumna Offshore Drilling Ops After Months of Delays

Finder Energy Selects Eneos’ Rig for Drilling Job off Timor-Leste

Current News

The Business of Offshore CO₂ Storage: A New Market for Maritime Infrastructure

Strohm Nets Ultra-Deepwater Supply Deal for Southeast Asia’s Gas Scheme

Damaged Tanker Leaks Oil Across UAE Waters as Spill Widens

TotalEnergies Takes 25% Stake in 26 Chevron-Operated US Offshore Blocks

Subscribe for OE Digital E‑News