Carigali Hess extends jackup contract

Nov. 28, 2023
Carigali Hess Operating Co. has agreed to extend Velesto Drilling’s contract for the jackup NAGA 8 by 18 months, starting from next April.

Offshore staff

KUALA LUMPUR, Malaysia — Carigali Hess Operating Co. has agreed to extend Velesto Drilling’s contract for the jackup NAGA 8 by 18 months, starting from next April.

The estimated value of the extension period is $74 million.

According to Velesto, NAGA 8 is a premium independent-leg cantilever jackup capable of drilling to depths of up to 30,000 ft, in a water depth of up to 400 ft.

11.28.2023