UMV Wins Petrofac Contract
Wednesday 15 March 2017
Malaysia UMW Oil & Gas has been awarded a contract to provide a jack-up rig for Jersey-based Petrofac's drilling programme in Malaysia.
UMW revealed its subsidiary UMW Offshore Drilling had received a letter of award to provide drilling services for Petrofac .
It will supply its jack-up Naga-5 rig from the second quarter of the year for two firm wells, with options for two additional wells.
The Naga-5 rig is capable of operating in water depths of up to 400 feet and drilling to a depth of 30,000 feet.
It follows on from a recent award by Malaysian company Vestigo Petroleum which will see UMW provide its jack-up rig Naga-2 to drill one firm well at the end of the current quarter.