Petronas Books Three Velesto’s Jack-Up Rigs

(Credit: Velesto)
(Credit: Velesto)

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.

Current News

Hornbeck Offshore Installs New DP Simulator

Hornbeck Offshore Installs New

US Opens Bidding for Offshore Wind Acreage off Texas

US Opens Bidding for Offshore

Borr Drilling Scoops $332M in Three Jack-Up Rig Contracts

Borr Drilling Scoops $332M in

Twin Brothers Marine Assists US Northeast Coast Offshore Wind Development

Twin Brothers Marine Assists U

Subscribe for OE Digital E‑News

Offshore Engineer Magazine