Ocean Vantage bags jack-up rig drilling contract

KUALA LUMPUR: Ocean Vantage Holdings Bhd has secured a contract from Sarawak Shell Bhd (SSB) and Sabah Shell Petroleum Company Limited (SSPC) for the provision of a jack up drilling unit for 2024 to 2026 campaign.

In a filing with Bursa Malaysia, Ocean Vantage said its wholly-owned subsidiary, Ocean Vantage Engineering Sdn Bhd (OVE) accepted the contract from SSB and SSPC.