UMW Naga 8 Secures Contract from SapuraKencana to Drill Offshore Malaysia

UMW Oil & Gas Corporation Berhad (UMW-OG) reported that UMW Offshore Drilling Sdn Bhd, a unit of UMW-OG's subsidiary UMW Malaysian Ventures Sdn Bhd, has received a Letter of Award from subsidiaries of SapuraKencana Petroleum Berhad to provide a jackup for the latter's drilling program offshore Malaysia, the firm said in a filing on local exchange Bursa Malaysia Monday.

Under the contract, awarded by SapuraKencana Energy Peninsula Malaysia Inc., SapuraKencana Energy Sarawak Inc. and SapuraKencana Energy Sabah Inc., UMW OG has assigned its latest rig, UMW Naga 8 (400' ILC) to drill up to 18 wells, with an extension option for three additional wells, commencing Sept. 28.

The company did not indicate the value of the contract for UMW Naga 8, which is a premium independent-leg cantilever jackup, equipped to drill to a depth of 30,000 feet and has a rated operating water depth of 400 feet.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Lundin Norway Makes Oil, Gas Find in B... (Feb 24)
 -  PSA: Norway's Petroleum Industry Must ... (Feb 24)
 -  Sound Energy Progresses Tendrara Drill... (Feb 24)
 -  Lukoil Finds Oil at Iraq Well (Feb 22)
 -  Gazpromneft-Sakhalin: Ayashsky License... (Feb 22)


Most Popular Articles

From the Career Center
Jobs that may interest you
Drilling Engineer
Expertise: Drilling Engineering|Petroleum Engineering|Workover or Completion
Location: Midland, TX
 
Derrick Worker-Workover Rigs
Expertise: Derrickman|Workover or Completion
Location: Sidney, MT
 
Crew Chief
Expertise: Crew Chief|Workover or Completion
Location: Williston, ND
 
search for more jobs

Brent Crude Oil : $56.58/BBL 1.32%
Light Crude Oil : $54.45/BBL 1.60%
Natural Gas : $2.62/MMBtu 1.15%
Updated in last 24 hours