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Home›Business & Finance›Hess takes UMW jack-up for Malaysian ops
Business & Finance

November 1, 2016 · about 9 years ago

Hess takes UMW jack-up for Malaysian ops

UMW Offshore Drilling, a subsidiary of Malaysian company UMW Oil & Gas, has won a contract for the provision of a high-pressure high-temperature (HPHT) jack-up drilling rig from Hess Exploration and Production Malaysia. UMW said last week that the contract entails the provision of drilling rig servi

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UMW Offshore Drilling, a subsidiary of Malaysian company UMW Oil & Gas, has won a contract for the provision of a high-pressure high-temperature (HPHT) jack-up drilling rig from Hess Exploration and Production Malaysia.

UMW said last week that the contract entails the provision of drilling rig services for Hess’ drilling program in the North Malay Basin.

The company will assign its UMW Naga 8 jack-up drilling rig for this contract. The deal is for a duration of eighteen months with an option to extend for an additional twelve months.

UMW Naga 8 is an independent leg cantilever jack-up rig that has a drilling depth capability of 30,000 feet and has a rated operating water depth of 400 feet.

The rig is of a Keppel FELS B Class Design, constructed by Keppel in Singapore and delivered in September 2015.

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