UMW lands jack-up work with Petronas

Malaysia’s UMW Oil & Gas has received a conditional letter of award from the Malaysian energy giant Petronas for jack-up drilling rig services.

UMW said in a Bursa Malaysia filing on Wednesday that the contract is for the provision of drilling rig services using the Naga 7 jack-up rig for a duration of up to eighteen months.

UMW Naga 7 is an independent leg cantilever jack-up rig with a drilling depth capability of 30,000 feet and has a rated operating water depth of 375 feet.

The financial effect of the contract is expected to contribute positively to the earnings and net assets of the UMW-OG Group for the financial period ending December 31, 2017.

Chinese CHMI shipyard built the rig in Shenzhen and delivered it to UMW-OG in January 2015. The rig’s first work was offshore Phillippines for Frontier Oil Corporation.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply