UMW Wins Petronas Contract
UMW Offshore Drilling has received two contracts from Petronas Carigali worth US$34.81mil to provide services to its firm and optional wells.
UMW Offshore Drilling is a wholly-owned subsidiary of UMW Malaysian Ventures (UMV), which in turn is a wholly-owned subsidiary of UMW Oil & Gas Corporation (UMW-OG).
UMW-OG said that the contracts are to provide jack-up drilling rig services for both firm and optional wells.
The Contract is for the provision of Drilling Rig Services for PCSB’s Drilling Programme, whereby UMW-OG Group will assign its UMW NAGA 3 for this contract.
UMW NAGA 3 is a premium independent-leg cantilever jack-up drilling rig that has a drilling depth capability of 30,000 feet and has a rated operating water depth of 350 feet.
The Contract is for the provision of Drilling Rig Services for PCSB’s Drilling Programme, whereby UMW-OG Group will assign its UMW NAGA 4 for this contract. The Contract is to drill two firm wells with the option of drilling additional 1+1+1 well, commencing in June 2017.
UMW NAGA 4 is a premium independent-leg cantilever jack-up drilling rig that has a drilling depth capability of 30,000 feet and has a rated operating water depth of 400 feet.