Velesto seals Petronas jackup deal

Offshore drilling unit of Malaysia’s Velesto Energy has secured a letter of award from compatriot upstream company Petronas Carigali for the provision of jackup drilling rig services.

The deal will see the 2009-built premium jackup rig Naga 2 assigned to drill five wells from December this year.

The contract is worth around $12.4m and Petronas has an option to extend the deal by up to two wells.

Petronas previously hired the rig in March for a three-well drilling campaign. Velesto owns a fleet of seven jackup rigs.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
Back to top button