Offshore drilling unit of Malaysia’s Velesto Power has secured a brand new contract with compatriot upstream firm Petronas Carigali for the supply of jackup drilling rig providers.
The contract, with an undisclosed worth, is ready to begin within the first quarter of 2022. The deal comes with two one-year extension choices and can see Velesto Drilling present six of its jackups as referred to as out by Petronas, topic to the rig availability.
The jackups embrace Naga 2, Naga 3, Naga 4, Naga 5, Naga 6 and Naga 8. Final yr, Petronas employed the 2009-built premium jackup Naga 2 to drill 5 wells from December in a contract price round $12.4m.