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Petronas Carigali Books Velesto Jack-up Rig

Malaysian offshore drilling contractor Velesto has received a letter of award from Petronas Carigali for the jack-up drilling rig Naga 2…

Drilling Contract Terminated for Sunken Jack-up

Drilling Contract Terminated for Sunken Jack-up
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Drilling Contract Terminated for Sunken Jack-up

Drilling Contract Terminated for Sunken Jack-up
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Malaysian Offshore Driller Sends Notice of

Malaysia Offshore Rig Sinking: All 101 Crewmembers

For illustration only - Offshore workers in Malaysia - Credit: wanfahmy/AdobeStock All workers from the Naga 7 jack-up drilling rig that sunk off Sarawak earlier this week, have been safely brought to shore, Velesto, the owner of the ill-fated jack-up, said Thursday. The rig had been preparing to start a drilling operation of a subsidiary of the U.S. oil firm ConocoPhillips when it tilted, and subsequently sank.  Velesto said Thursday that the incident had happened due to a rapid penetration into the seabed. Subsequently, focus remains on rescue, evacuation, and recovery efforts. The company is pleased to update that all 101 personnel on-board have been transferred safely to Miri, Sarawak, Velesto, formerly known as UMW, said.

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