Velesto gets Naga 7 deal

摘要

Malaysia’s Velesto Drilling has received a Letter of Award from Malaysia’s state-owned Petronas Carigali to provide the Naga 7 jack-up drilling rig. Under the contract, Velestowill provide drilling rig services for Petronas Carigali’s drilling campaign using the Naga 7 rig. The rig will drill two firm wells at an estimated contract value of US $8m. Work is expected to start in Q3 2019.