UMW-OG’s unit bags RM151m contracts from Petronas Carigali

PETALING JAYA: UMW Oil & Gas Corp Bhd’s (UMW-OG) unit UMW Offshore Drilling Sdn Bhd (UOD) has been awarded contracts for the provision of jack-up drilling rig services for Petronas Carigali Sdn Bhd with combined value of RM151.07 million (equivalent to US$34.81 million).

In a filing with Bursa today, UMW-OG said the first contract is for the provision of drilling rig services for Petronas Carigalis’s drilling programme. UMW NAGA 3 will be assigned for this contract.

The contract is to drill five firm wells with the option of drilling additional 1+1+1+1+1+1 well, commencing in June 2017, it added.

The second contract is for the provision of drilling rig services for Petronas Carigali’s drilling programme, to be assigned to UMW NAGA 4.



The contract is to drill two firm wells with the option of drilling additional 1+1+1 well, commencing in June 2017, it noted.

UMW NAGA 3 is a premium independent-leg cantilever jack-up drilling rig that has a drilling depth capability of 30,000 feet and a rated operating water depth of 350 feet, whereby UMW NAGA 4 is a premium independent-leg cantilever jack-up drilling rig that has a drilling depth capability of 30,000 feet and a rated operating water depth of 400 feet.

Source: The Sun Daily





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