KUALA LUMPUR: Velesto Energy Bhd
has completed its mandatory five yearly special periodical survey (SPS) for NAGA 2.
In a statement, Velestor said the rig, drydocked in Singapore since June 24, 2024, will soon head to Sarawak to begin a development drilling campaign.
In addition, Velesto has received a letter of award for NAGA 3 from Thang Long Joint Operating Company. NAGA 3 is expected to be working in Vietnam from September to November 2024.
“We are pleased with both positive developments. NAGA 2 completing its SPS on time allows the rig to continuously support our client’s workplans for the remaining contract period,”
“We are also delighted that NAGA 3 has been given the opportunity to return to work in Vietnam, allowing us to maximise our utilisation before NAGA 3’s SPS in 1Q25,” president Megat Zariman Abdul Rahim said.
