With reference to the announcement dated 11 March 2022 on the award of contract for the Provision of Jack-Up Drilling Rigs for PETRONAS Carigali Sdn Bhd ('PCSB'). Velesto has received three (3) Notice of Assignments.
The Contract is for the provision of services of three (3) jack-up rigs, namely 'NAGA 3', 'NAGA 4' and 'NAGA 6', with an estimated combined contract value of USD128 million.
The details of the Contract are summarised below:
Source: Velesto Energy
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