Rig: UMW Naga 6

Name UMW Naga 6
Owner Velesto Energy
Manager Velesto Energy
Rig Type Jackup
Sub Type Independent Leg Cantilever
Jackup Type Premium
Max Water Depth (ft) 375
Max Drill Depth (ft) 30000
Dimensions (ft) 214.1 x 203.4 x 26.25
Leg Length (ft) 503.12
Competitive Yes

Current Location

Country Malaysia
Region South East Asia

Drilling Equipment

Drawworks Type National Oilwell Varco ADS 10T
Drawworks HP 3000
Mud Pumps Type National Oilwell Varco 14-P-220 Triplex
Top Drive National Oilwell Varco TDS-8SA
Hookload Capacity (lbs) 1500000

Rig Construction Details

Rig Design Gusto MSC
Rig Model CJ46-X100-D
Year Built 2014
Country of Build China (PRC)
Yard Name Mazou Island
Group Yard Name China Merchants Industry Holdings Co., Ltd. (CMIH)

Rig Contract Details

Operating Status Operational
Operator Petronas Carigali Sdn Bhd

News

30 Sep 2014

UMW takes delivery of newbuild 'UMW Naga 6' jackup

UMW OIL & GAS CORPORATION BERHAD (UMW-OG) today took delivery of ‘UMW NAGA 6’, the first of its two jack-up drilling rig constructed by China Merchants Heavy Industries (CMHI). The official delivery ceremony was conducted at the shipyard in Shenzen and was attended by senior representatives from both companies. The other rig, also being built at the same yard, ‘UMW NAGA 7’ is scheduled to be delivered in December 2014. President of UMW-OG, Rohaizad Darus said, “While there were some concerns within the industry on late delivery from Chinese shipyards, UMW Naga 6 was delivered on schedule and within cost. The shipyard and our experienced project team worked closely together to ensure not only the rig is completed on schedule but also to incorporate operational requirements of our clients into this new rig to enable it to operate more efficiently." ‘UMW NAGA 6’ is a CJ-46 class cantilevered jack-up drilling rig with the capacity to operate in 375 feet of water depth and to a drilling depth of 30,000 feet. In addition, it is also equipped with additional equipment such as an automatic offline pipe racking system to further improve the efficiency of its drilling operations. The rig will be going to Vietnam immediately after delivery to serve the recently awarded contract from PetroVietnam Drilling & Well Services Corporation (PV Drilling) for end clients PC Vietnam Limited and Petronas Carigali Oversas Sdn Bhd. The contract is valued at USD46.5 million, and is tasked for operations in the Diamond field in offshore Vietnam, for a period of 250 days, with options for up to additional 327 days. It has been a year of consecutive successes for UMW-OG as the company have recorded significant increase in profitability while pursuing the expansion of their fleet size. The Company has also been making steady inroads into regional markets around South-east Asia and ‘UMW NAGA 7’, which is currently under construction, was recently awarded a contract by Frontier Oil Corporation for the provision of drilling services in offshore Palawan, Philippines. The award of these new contracts is a testament to the Company’s ability to secure contracts, while diversifying its client base and geographical coverage. All seven of their current drilling rigs have secured contracts, with six rigs currently contracted overseas and only one rig in Malaysia. Besides servicing other established international clients in Phillipines, Thailand and Indonesia, UMWOG continues to provide drilling services to its main client Petronas in three different countries; Malaysia, Vietnam and Myanmar.

8 Sep 2014

UMW secures contract for newbuild jackup 'UMW Naga 6'

UMW Oil & Gas Corporation Berhad (UMW-OG) has announced that the company’s wholly owned subsidiary UMW Offshore Drilling Sdn Bhd, has received a Letter of Award from Petrovietnam Drilling & Well Services Corporation (PV Drilling) for a contract for the provision of a Jack-Up Drilling Rig and associated services for the end clients, PC Vietnam Limited and PETRONAS Carigali Overseas Sdn Bhd. The Contract, with an estimated contract value of USD46.5 million for the firm contract period, is for the provision of Drilling Rig Services for Drilling Campaigns for Vietnam Operations, whereby UMW-OG Group will assign its newest rig, ‘UMW Naga 6’ for this contract. The Contract is for four firm wells (approximately 250 days), with three optional wells (estimated 55 days) and thereafter, an Extension Option of 3 wells (estimated at 277 days). The commencement of the contract is expected to take place in early October 2014 immediately upon UMW-OG Group taking delivery of the new rig – ‘UMW Naga 6’, later this month. ‘UMW Naga 6’ is currently under construction by China Merchants Industry Holdings Co. Ltd, at the shipyard located in Shenzen, Mazhou Island, China. ‘UMW Naga 6’ is a premium independent-leg cantilever jack-up rig that has a drilling depth capability of 30,000 feet and has a rated operating water depth of 375 feet.

12 Feb 2014

UMW completes purchase of two newbuild jackup rigs

UMW Standard Drilling Sdn Bhd (UMW) has signed a sale and purchase agreement with Tianjin Haiheng Shipbuilding & Offshore Engineering Service Co (Tianjin) for two jackup drilling rigs that are currently under construction. The two units are believed to be the ‘Haiheng 2’ and ‘Haiheng 3’ jackup rigs that Tianjin has under construction at China Merchants Industries shipyard on Mazou Island in China. UMW has purchased the two jackups for a total price of US$434 million and both units are expected to be delivered in 2014. UMW plans to market the units in South East Asia upon their delivery from the shipyard.

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