Velesto Energy wins $105m Petronas Carigali contracts
The one-year contracts with options for one plus one years are for four jack-up drilling rigs, starting from various periods between April and June. Velesto will use its rigs Naga 2, Naga 3, Naga 5 and Naga 6 for the jobs
The latest contracts should help improve rig utilisation, but at long-term rates not much better than previous ones