Naga 5 drilling rig
UMW Naga 5 jackup rig arrives at Baragatan-1 offshore well
Nido Petroleum Ltd. reports, on behalf of the Service Contract 63 joint venture partners, PNOC-EC and Dragon Oil (Philippines SC 63) Ltd., that the UMW Naga 5 jackup rig
Seadrill, Velesto provide drilling fleet status updates
NAGA 2, NAGA 4 and NAGA 6 are all contracted until first-quarter 2026, while NAGA 3 and NAGA 8 are set to undergo special periodical surveys and maintenance.
Three Velesto jack-up rigs pick up more drilling work
Petronas has booked three jack-up rigs from Velesto, a compatriot rig owner, for more drilling operations off the coast of Malaysia.
GENERAL WELL CONTROL
VELESTO NAGA 2 GustoMSC-CJ46-X100D October 2009 PT. DryDocks World Graha, Batam, Indonesia Independent Leg Jack Up Drilling Rig Singaproe ABS A1 Self-Elevating Drilling Unit
Velesto Energy provides updates for its offshore NAGA 2 & 3 rigs
Velesto Energy has completed the special periodical survey for the NAGA 2 rig and has secured a new contract for NAGA 3.
Velesto obtains PTTEP drilling contract with its NAGA 5 rig
NAGA 5 platform and 15 programmed wells Under this contract, NAGA 5, a high-specification, independently legged, self-elevating unit, will be tasked with drilling 15 firm wells.
Malaysian operator equips two rigs with offline
Malaysian rig owner Velesto Energy has upgraded two jack-up drilling rigs with offline capabilities to reduce days spent on a well along with
VELESTO NAGA 5, Drilling platform, IMO 8771784 | Vessel
VELESTO NAGA 5 is a Drilling platform built in 2014 by KEPPEL FELS - SINGAPORE. Currently sailing under the flag of Malaysia. Formerly also known as UMW NAGA 5. It''s gross tonnage is
Velesto secures US$40 mil drilling contract from
This contract, which is linked to PTTEP''s production-sharing agreement with Petroliam Nasional Bhd (Petronas), involves a firm drilling
Velesto secures PTTEP drilling contract for NAGA 5
Velesto Energy was awarded a drilling contract by PTTEP for its 2025–2026 drilling campaign in Malaysia. Under the contract, Velesto will assign its NAGA 5 jackup rig to drill a
Velesto secures PTTEP drilling contract for NAGA 5 in
Under the contract, Velesto will assign NAGA 5, one of its premium jack-up rigs, to drill a firm 15 wells with operations scheduled to commence in
Velesto completes offline capability upgrade for two rigs
KUALA LUMPUR: Velesto Energy Bhd has completed the upgrading works for its Naga 5 and Naga 6 rigs to make them the first in the
15-well drilling campaign in Malaysian waters goes to Velesto rig
Velesto will assign its NAGA 5 jack-up rig for PTTEP ''s 2025–2026 drilling campaign in Malaysia, thanks to a contract assigned with PTTEP HK Offshore and PTTEP Sarawak Oil.
Hess books NAGA 5 jackup for North Malay Basin drilling
Hess has contracted Velesto Energy to provide rig, drilling and completion services for its 2022-2024 offshore North Malay Basin full-field
Velesto Secures PTTEP Drilling Contract for NAGA 5
NAGA 5 is a premium independent-leg cantilever jack-up drilling rig with a rated operating water depth of 400 feet and drilling depth capability of
Velesto Drilling Secures Significant Multi-Well Contract for NAGA 5 Rig
Velesto Drilling, a subsidiary of Velesto Energy, has secured a major multi-well drilling contract for its NAGA 5 jack-up rig, commencing operations in June 2025 off the coast of Malaysia. This
Robust jack-up utilisation bodes well for Velesto Energy
Malaysian rig contractor looking to a bumper 2025 after three units complete their SPS before end of year Velesto Energy''s jack-up drilling rig Naga 8.Photo: VELESTO
Velesto to deploy Naga 5 for new drilling job from PTTEP
Naga 5 is a premium independent-leg cantilever jack-up drilling rig with a rated operating water depth of 400 feet and drilling depth capability of 30,000 feet.
PTTEP takes Velesto rig for 15 offshore wells | Offshore
Velesto will assign the NAGA 5 rig for the contract, which covers 15 wells with up to eight optional wells. The estimated value is about $40 million. NAGA 5 is an independent-leg
VELESTO COMPLETES SPS FOR NAGA 2; SECURES
NAGA 2 is an independent cantilever jack-up rig designed by GustoMSC, built by Drydocks World Southeast Asia, Batam, Indonesia in 2009. It is capable of drilling at 350 ft water depth and to
15-well drilling campaign in Malaysian waters goes to Velesto rig
The NAGA 5 premium independent-leg cantilever jack-up drilling rig has a rated operating water depth of 400 feet and drilling depth capability of 30,000 feet. "Velesto
Seadrill, Velesto provide drilling fleet status updates
NAGA 2, NAGA 4 and NAGA 6 are all contracted until first-quarter 2026, while NAGA 3 and NAGA 8 are set to undergo special periodical
UMW-OG takes delivery of jack-up rig worth US$223m
The addition of Naga 5 brings the company''s total number of jack-up drilling rigs to four, with the others being Naga 2, Naga 3 and Naga 4.
GENERAL WELL CONTROL
- Make-up and break-out drill pipe offline - Perform offline Centrifuge - Perform offline Cementing - Multipurpose Cranes underneath the rig floor - Make-up and rack back casing (up to 13-3/8")
PTTEP Hires Velesto''s Jack-Up Rig for Drilling Campaign off
Dateline 2025-07-01, Offshore Engineer: Malaysia''s oil and gas services Velesto has secured a drilling contract for its NAGA 5 jack-up drilling rig by PTTEP HK Offshore and
Malaysia: Velesto secures PTTEP drilling contract for NAGA 5 in
Velesto Energy has been awarded a drilling contract by PTTEP for its 2025–2026 drilling campaign in Malaysia. Under the contract, Velesto will assign NAGA 5, one of its
PTTEP lets drilling contract for work offshore Malaysia
Operations are scheduled to begin in June 2025. NAGA 5 is an independent-leg cantilever jack-up drilling rig with a rated operating water depth of 400 ft and drilling depth
Velesto provides rig update, reports ''softened rig utilization''
Velesto owns and operates six offshore jackup rigs. Special periodical surveys (SPS) for the NAGA 8 and NAGA 3 rigs are on track for completion in the second quarter of
6 FAQs about [Naga 5 drilling rig]
When will Naga 5 rig operations begin?
Operations are scheduled to begin in June 2025. NAGA 5 is an independent-leg cantilever jack-up drilling rig with a rated operating water depth of 400 ft and drilling depth capability of 30,000 ft. Under the contract, Velesto will assign the NAGA 5 rig to drill a firm 15 wells. Operations are scheduled to begin in June 2025.
What is a Naga 5 rig?
Naga 5 is a premium independent-leg cantilever jack-up drilling rig with a rated operating water depth of 400 feet and drilling depth capability of 30,000 feet. Velesto president Megat Zariman Abdul said its focus remains on safe and reliable execution, driven by consistent delivery across campaigns.
What is a Naga 5 jack-up rig?
NAGA 5 is a premium independent-leg cantilever jack-up drilling rig with a rated operating water depth of 400 feet and drilling depth capability of 30,000 feet.
How deep can a Naga 5 jack-up drilling rig run?
View on Offshore-energy. The NAGA 5 premium independent-leg cantilever jack-up drilling rig has a rated operating water depth of 400 feet and drilling depth capability of 30,000 feet.
How long will Naga 5 Rigs last?
For Naga 5, which is expected to complete its major maintenance in January 2025, the group is in the final stage of securing a two-year development contract. “After the major maintenance, the rigs are good to go for the next five years,” says Megat, an electrical engineer by training. “This year is going to be very, very good for Velesto.
Which Jack-up drilling rig is in maintenance?
This article first appeared in The Edge Malaysia Weekly on November 25, 2024 - December 1, 2024 NAGA 5, one of six jack-up drilling rigs belonging to Velesto Energy Bhd (KL: VELESTO), is in its 55-day major maintenance programme at a Seatrium Ltd-owned shipyard in Tuas, Singapore.