Shell hires rig for seven Malaysia wells

Shell hires rig for seven Malaysia wells

Shell is gearing up to drill seven wells off the East Malaysian states of Sabah and Sarawak after awarding a $17.68 million contract to Velesto Drilling.

Velesto is expected to drill seven wells between 15 August and 15 October this year, the company said in a statement. It will provide its jack-up rig NAGA (Dragon) 4 that has a drilling depth capability of 30,000 feet and can operate in waters 400 feet deep.

Shell has also recently hired the Maersk Viking drillship for four development wells at the Gumusut-Kakap project.

Maersk Drilling said the work with Shell in Malaysia is expected to begin in December this year, lasting an estimated 150 days.

The contract includes five additional one-well options for work off Malaysia, the Philippines, and Brunei Darussalam.