Malaysia’s Velesto Energy (formerly UMW Oil & Gas) has scooped contracts to provide four jackup drilling rigs to Malaysia’s state-owned Petronas Carigali.Under the contract,Velesto will provide the NAGA 2,NAGA 3,NAGA 5 and NAGA 6 rigs to work on Petronas Carigali’s drilling campaign for one year,with an option of extending each of the contracts by one year.
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