Valesto awarded jackup contract by Carigali Hess

Valesto awarded jackup contract by Carigali Hess

Malaysia’s Velesto Drilling, part of Valesto Energy, has been awarded a contract by Carigali Hess Operating Company for 2015-built jackup rig Naga 8.

The contract is scheduled to commence in the second half of 2020 and is for a duration of three years. The contract, valued at $131m, also includes three extension options of six months each.

Carigali Hess is a joint venture between Petronas company PC JDA and Thailand’s Hess engaged in gas production in Block A-18 of the Joint Development Area administered by the Malaysian-Thailand Joint Authority.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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