UMW takes delivery of newbuild UMW Naga 6 jackup

UMW Oil & Gas Corp. took delivery of UMW NAGA 6, the first of its two jackup drilling rigs constructed by China Merchants Heavy Industries.

Offshore staff

SHENZEN, China –UMW Oil & Gas Corp. took delivery of UMW NAGA 6, the first of its two jackup drilling rigs constructed by China Merchants Heavy Industries.

UMW NAGA 6 is a CJ-46 class cantilevered jackup drilling rig with the capacity to operate in 375 ft (114 m) of water, and to a drilling depth of 30,000 ft (9,144 m). It is equipped with an automatic offline pipe racking system for efficiency.

The rig will leave forVietnam immediately after delivery to serve the recently awarded contract from PetroVietnam Drilling & Well Services Corp. for end clients PC Vietnam Ltd and Petronas Carigali Overseas Sdn Bhd. The $46.5 million contract is for operations in the Diamond field in offshore Vietnam, for 250 days, with options for up to additional 327 days.

The company expects for its second rig that is being built in the same yard,UMW NAGA 7, to be delivered in December 2014.

09/30/2014

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