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Naga 4 incident


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Lundin Malaysia continues technical evaluation for jackup

MALAYSIA: Lundin's jackup tender for drilling from the Bertam platform remains at the technical clarification and evaluation stage.
Lundin is looking for a rig to undertake a scope with a commencement window of between 15 September and 15 October 2017. The operator plans to drill up to two development wells over an estimated duration of three months. The platform has a height of 41 m (135 ft) above MSL in water depths of 76 m (250 ft). Leg penetration of 14 m (45 ft) and up to 21 m (70 ft) in higher penetration areas is anticipated. The rig should have a 3,000 HP drawworks and a cantilever envelope of a minimum 21 m by 4 m (70 ft by 12 ft); three mud pumps; and a minimum of three cranes with a 20 tonne lifting capacity, among other things.
23-Aug-2017


Repsol Malaysia's contract value for UMW Naga 5 is USD 26.4 million

MALAYSIA: Further to an IHS Markit Petrodata report on 14 August 2017, Repsol Oil & Gas Malaysia's contract with UMW Offshore Drilling for jackup UMW Naga 5 has a contract value of RM 113 million (USD 26.4 million).
The award is for one year plus a one-year option programme, commencing by mid-September 2017. UMW Naga 5 is currently at Kemaman Supply Base in Terengganu, undergoing contract preparation work.
22-Aug-2017


Hess Malaysia spells out specifications for HPHT jackup

MALAYSIA: Hess Malaysia will accept rigs which have had a major refurbishment within the last 10 years or newbuilds for its HPHT (high-pressure high-temperature) drilling campaign in the Malay Basin, offshore Peninsular Malaysia.
The unit should also not have any anticipated docking schedule during the contract term. In addition, Hess requests a rig with usable leg below hull of 410 ft (125 m), 3,000 hp drawworks, three cranes, cantilever envelope of 15 by 60 ft (4.6 by 18.3 m), topdrive, three mud pumps plus accommodation for 150 people, amongst other factors. The contractor should also have HPHT working experience. The contract will cover a primary term of two years, commencing in the window between 1 April and 30 June, 2018. The work scope will consist of two parts separated by a break of around three months. Part 1 will cover three deep wells. Part 2 will start after the break and will cover two separate campaigns of four and five wells each. Water depths in the area range between 60-70 m (196-230 ft).
22-Aug-2017

COSLSeeker to depart for PNG shortly

MALAYSIA/PAPUA NEW GUINEA: COSL has finally announced it has signed a contract for the provision of jackup COSLSeeker to Twinza Oil to drill one well offshore Papua New Guinea (PNG).
The rig is preparing for the charter in Labuan, Malaysia, and is expected to commence mobilisation to PNG by the end of August. COSLSeeker last undertook a short campaign offshore Indonesia with Natuna Exploration Limited on the Duyung PSC in the Natuna Sea.
22-Aug-2017

Noble marketing Noble Bully II for work during standby period

MALAYSIA: Even as drillship Noble Bully II is on a prolonged one-year standby offshore Malaysia, Noble continues to market the rig for possible contracts to supplement the day rate during this idle period.
The ultra-deepwater rig is currently being warm-stacked at Labuan at a cost of USD 40,000 a day. Under an agreement between Noble and Shell, which has chartered the unit until around April 2022, the rig may be stacked for up to 365 days until around April 2018.
21-Aug-2017

Carigali Hess refreshes market survey for jackup

MALAYISA/THAILAND: Carigali Hess has issued a new market survey for a jackup to undertake a drilling campaign on Block A-18 in the Gulf of Thailand JDA.
In March, the operator issued a similar market survey enquiring into the availability of a minimum 106 m/350 ft-rated unit for a potential charter of two years plus a one-year option. Commencement is scheduled for between June and August 2018. Carigali Hess prefers a rig with a similar footprint to that of the last unit it chartered, but is open to other rig designs. Responses are due on 23 August 2017.
16-Aug-2017

JDC confirms Hakuryu-11 charter with Sapura Energy

MALAYSIA: Japan Drilling (JDC) has secured a charter for jackup Hakuryu-11 with Sapura Exploration and Production, for six wells plus one option-well offshore Malaysia for an undisclosed day rate.
The charter, which was awarded to JDC via Malaysian firm Petronnic Sdn Bhd, is set to commence in August 2017 and will cover work offshore Peninsular Malaysia and East Malaysia. Sapura Energy has been looking for a long-legged jackup to undertake a 160-day campaign comprising six workovers/sidetracks with a total duration estimated at 95 days and two exploration wells with combined duration of 60 days, inclusive of mobilisation and demobilisation. Hakuryu-11 has been idle in Malaysia since June 2016 after it finished work with Idemitsu offshore Vietnam.
16-Aug-2017

ConocoPhillips' jackup tender for Malaysia closes

MALAYSIA: ConocoPhillips' tender for a 121 m/400 ft-rated jackup to work offshore Sarawak closed as scheduled in late July.
The exercise was open only to Malaysian rigs, so it is understood only two contractors - UMW and Perisai - are able to take part. The selected rig will be deployed to work on Blocks WL 4-00 and SK 313, in water depths averaging between 100-120 m (328-393 ft). The work scope covers two exploration/appraisal wells with each having a duration of between 25 and 40 days, including rig mobilisation time and testing, plus two option wells. The entire campaign is anticipated to last between two and three months, with commencement scheduled for second quarter 2018.
15-Aug-2017

Repsol Malaysia awards LOA to PV Drilling III

MALAYSIA: Repsol Malaysia has issued a Letter of Award (LOA) to PV Drilling for jackup PV Drilling III for a one year plus one-year option programme.
Commencement date is March 2018. This is the result of a two-jackup tender covering separate campaigns offshore Sabah and Peninsular Malaysia respectively. Rig 1, which has yet to be announced, is for the Kinabalu Oil block PSC offshore Sabah and was open only to Malaysian rig contractors. Rig 2, PV Drilling III, covers work on the Bunga Pakma field on CAA PM3 in waters between Vietnam and Peninsular Malaysia. PV Drilling III is currently finishing a two-well campaign with Thang Long JOC in Vietnam, then it is understood to be considered for a follow-on campaign in Vietnam, before mobilising to Malaysia in late third quarter 2017.
08-Aug-2017

Total acquires Maersk Oil for $7.45 billion
Stock-and-debt deal sees French giant gain assets in the Americas, Africa and Middle East and replace Shell as northwest Europe's second largest operator
FRENCH supermajor Total is boosting reserves and production with a $7.45 billion acquisition of Denmark’s largest oil and gas player Maersk Oil.

The stock-and-debt deal will give Total additional proven and probable reserves and contingent resources of 1 billion barrels of oil equivalent and 160,000 boe in 2018 production, and assets in Denmark, the UK, Norway, the US Gulf of Mexico, Algeria, Kazakhstan, Iraqi Kurdistan, Angola, Kenya and Brazil.

This post has been edited by meonkutu11: Aug 26 2017, 08:29 AM

More money to gomen..

http://www.rigzone.com/news/oil_gas/a/1515...Surges/?all=HG2

So no more PP102 & PP103?

Better position for UMW NAGAs to secure local contracts..

http://www.upstreamonline.com/live/1338074...erisai-jack-ups

SembMarine's yard cans rig construction contracts with PerisaiPPL Shipyard, a subsidiary of the Singapore-based rig builder Sembcorp Marine, has terminated two contracts with the subsidiaries of the Malaysian oil and gas services provider Perisai Petroleum Teknologi for the construction of two jack-up rigs.

The contracts for the construction of the two rigs were terminated following the expiry of the existing deferment agreements, Sembcorp Marine said on Thursday.

The jack-up rigs were built based on the PPL Pacific Class 400 design. These high specification rigs are capable of operating in deeper waters of 400 feet and drilling high pressure and high temperature wells to depths of 30,000 feet. They will be equipped with full hotel services for a complement of 150 persons on board in one-man cabins and two-men cabins.

The company added it continues to actively market the rigs to prospective buyers who have expressed interest in the rigs.

Perisai ordered three rigs of the same PPL Pacific Class 400 design from PPL Shipyard. The first rig and the only one delivered, Perisai Pacific 101, was ordered in May 2012. The delivery was made in June 2014.

The second rig, Perisai Pacific 102, was ordered in February 2013 and scheduled for delivery in mid-2015.

The third rig, Perisai Pacific 103, was ordered in December 2013. The order was worth $211.5 million and the rig was initially scheduled for delivery in the third quarter of 2016.

The delivery of these two rigs has never been made duo to deferral agreements made between the builder and the client.

When it comes to Perisai, the company declared itself insolvent last October amid operating under adverse financial conditions.

Offshore Energy Today Staff

MPM is forcing PSCs to use local drilling contractor (UMW) which I don't understand why perisai & SKD are not in the picture, maybe they offer higher.

Now we have new dayrate for high spec jack up in Malaysia, heard Seadrill and JDC are offering below 50k/day for recent contract they got.

Hope it will open the doors to other drillers soon.

WOW!!!CHEAP2😱😱😱

Petronas hires ultra-deepwater drillship at $170k per day

Pacific Drilling has reportedly found work for its Pacific Santa Ana drillship which has been out of work since January.

According to VesselsValue, the contract for the 2011-built drillship is with the Malaysian oil and gas giant Petronas. The contract is for six months, and is expected to start late in November 2017, ending late in May 2018.

The marine intel information website has informed that the dayrate for the contract has been set at $170,000. For comparison, in its previous long term contract with Chevron, which ended in January 2017, the rig had a dayrate of more than $ Petronas hires ultra-deepwater drillship at $170k per dayCash-strapped Pacific Drilling has reportedly found work for its Pacific Santa Ana drillship which has been out of work since January

According to VesselsValue, the contract for the 2011-built drillship is with the Malaysian oil and gas giant Petronas. The contract is for six months, and is expected to start late in November 2017, ending late in May 2018.

The marine intel information website has informed that the dayrate for the contract has been set at $170,000. For comparison, in its previous long term contract with Chevron, which ended in January 2017, the rig had a dayrate of more than $480.000.😭😭😭

This post has been edited by meonkutu11: Sep 23 2017, 12:26 PM

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Adviser: Malaysia's Petronas Puts Some Canadian Assets Up For Sale

http://www.rigzone.com/news/oil_gas/a/1519...ts_up_for_sale/

PV Drilling III begins tow to Malaysia

VIETNAM/MALAYSIA: Jackup PV Drilling III will commence its tow on 10 October to undertake a drilling campaign with Petronas Carigali with an ETA of 14 October at the spud location offshore Peninsular Malaysia.
Petronas Carigali has chartered the rig for a one well plus two one-well options programme that is expected to finish in early 2018. PVD III will then be available for a short charter until its follow-on contract with Repsol Malaysia starts in early second quarter. This time slot should accommodate a one-well scope off Malaysia.
10-Oct-2017

Maersk Deliverer secured by Total E&P after JX Nippon

MALAYSIA: Semi Maersk Deliverer has been awarded a contract in Southeast Asia by Total E&P Malaysia.
With an estimated duration of 60 days, the contract covers the drilling of one exploration well on Block DW-N Sabah. Maersk Deliverer will go to work for Total E&P Malaysia after completion of the previously announced contract with JX Nippon in Malaysia. The contract with JX Nippon is expected to commence during the fourth quarter of 2017 and will have an estimated duration of 30 days. The exploration well with Total is located at a water depth of 2,835 m (9,301 ft) and the complexity of the well requires Managed Pressure Drilling (MPD) and Pressurized Mud Cap Drilling (PMCD) capabilities.

Since April 2016, Maersk Deliverer has been warm stacked in Namibia. It has now been mobilised to Singapore before heading to Malaysia later this month for its new drilling commitments. Maersk Deliverer is the fifth rig that Maersk Drilling has reactivated from warm stacking within the past eight months.
10-Oct-2017

Only PP101 left.

Borr Drilling recently purchased 9 jack ups from PPL, I believed 2 of those are PP102 & PP103.

MALAYSIA: The Honourable Court of Malaysia has granted order that Perisai Petroleum subsidiary Perisai Pacific 102 be wound up.

The Director General of Insolvency will be appointed as liquidator. In August, PPL Shipyard reported it had terminated contracts with Perisai Petroleum for the construction of newbuild jackups Perisai Pacific 102 and Perisai Pacific 103 following the expiry of existing deferment agreements.

13-Oct-2017

This post has been edited by meonkutu11: Oct 14 2017, 08:47 AM

http://www.upstreamonline.com/live/1366110...-to-be-wound-up

"Japan Drilling has sold semi NAGA-1 for scrap"

West Cressida finishes PCPP job

MALAYSIA: Seadrill jackup West Cressida has finished its charter with PCPP Operating Company on Block SK 3015 offshore Sarawak.
The unit is being mobilised to Labuan where it will be actively marketed for follow-on work. West Cressida undertook a nine-well P&A charter for PCPP that started in June 2017.
25-Oct-2017

Murphy Malaysia starts pre-qual for shallow water jackup

MALAYSIA: Murphy Malaysia has issued a prequalification (PQ) invitation for the provision of a jackup for a shallow water campaign offshore Malaysia.
The work scope covers three workovers plus associated sidetracks, and two optional scopes, for one workover with an associated sidetrack, and an exploration well. In the earlier market survey, Murphy indicated that the rig, a mat-type or independent-leg unit, will be used to drill from the SAPA platform for a programme lasting 133 days plus 66 days plus 18 days. Commencement is scheduled for between 1 April and 30 June, 2018. The PQ will close on 7 November.
25-Oct-2017


PV Drilling sets up branch office in Malaysia

MALAYSIA: Vietnamese rig contractor PV Drilling has set up a branch office in Malaysia, the firm's third branch office outside Vietnam, after Algeria and Myanmar.
The firm recently secured work for its jackups in Malayisa, where it currently has PV Drilling III working for Petronas Carigali. This will be followed by a one-year plus option charter with Repsol Malaysia commencing in first quarter 2018. Jackup PV Drilling VI is also set to drill two wells for IPC at the end of 2017.
25-Oct-2017

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Vestigo to keep UMW Naga 2 until late November

MALAYSIA: Jackup UMW Naga 2, which recently arrived on the Bentara SK 315 field offshore Sarawak, is currently expected to finish its Vestigo charter only around late November.
If so, the unit will be available from December 2017. It is already being offered for follow-on work in Southeast Asia, including to Pertamina Hulu Mahakam for the operator's jackup tender offshore Indonesia. Meanwhile, the rig is on contract to Vestigo for a two-well programme. According to Marine Sarawak, it has completed work on the Serok Field and is being towed to Bentara by vessels Tourmaline and Lewek Stork.
25-Oct-2017

Shell out with tender for ultra-deepwater rig

MALAYSIA: Shell has issued a tender for a deepwater floater for a drilling campaign off Malaysia in 2018.
The tender is understood to be a follow-up to a inquiry into a ultra-deepwater rig to cover an exploration and development scope off Sabah, Malaysia. The tender scope covers four firm wells, understood to be for a development programme for Gumusut Kakap 2 (GK 2) project, plus four one-well options. In the market survey, Shell indicated the GK2 development drilling scope would cover a duration of around 200 days. Commencement is targeted for June-August, 2018. Shell also requested in the survey for an MPD-capable, DP2 floater with offline capability that can drill in water depths of 1,371-2,514 m (4,500-8,250 ft). Bids are due on 1 December.

06-Nov-2017

2nd JDC rigs in Malaysia


Hakuryu-5 to commence Mubadala charter in January 2018
MALAYSIA: Japan Drilling semi Hakuryu-5 is now scheduled to commence its next charter in Malaysia at the turn of the year.

The upcoming charter in Malaysia, with Mubadala Petroleum, is for two wells during early first quarter 2018, plus one option well in fourth quarter 2018. The unit is en route to Malaysia following completion of its summer drilling campaign with Gazpromneft-Sakhalin on the Ayashsky block in the Sea of Okhotsk. After the charter with Mubadala, the unit has a contract in Vietnam for two wells during third quarter 2017.

Hakuryu-5 to commence Mubadala charter in January 2018
MALAYSIA: Japan Drilling semi Hakuryu-5 is now scheduled to commence its next charter in Malaysia at the turn of the year.

The upcoming charter in Malaysia, with Mubadala Petroleum, is for two wells during early first quarter 2018, plus one option well in fourth quarter 2018. The unit is en route to Malaysia following completion of its summer drilling campaign with Gazpromneft-Sakhalin on the Ayashsky block in the Sea of Okhotsk. After the charter with Mubadala, the unit has a contract in Vietnam for two wells during third quarter 2017.

08-Nov-2017

Another potential takeover...



A.P. Moeller-Maersk on track to exit offshore drilling
INTERNATIONAL: Maersk Drilling has now been classified as discontinued operations by parent company A.P. Moeller-Maersk, which aims to have a structural solution in place within the next 12 months.

The move triggered an accounting impairment of USD 1.75 billion. As a result, Maersk Drilling posted a loss of USD 1.67 billion for third quarter 2017. Total revenue was down by 38% to USD 380 million, a fall from USD 733 million one year ago. The rig contractor is just one of three businesses - along with Maersk Oil and Maersk Tankers - that is being discontinued. In A.P. Moeller-Maersk's latest quarterly conference call, CEO Soren Skou declined to comment on news reports a few months back that suggested the firm was in talks with Rowan to sell its drilling business. Maersk Drilling operates a fleet of 23 rigs, comprising 15 jackups, four drillships and four semis.

08-Nov-2017

Someone was asking about IPC...


IPC signs up PV Drilling VI for Malaysia
VIETNAM/MALAYSIA: The contract for a charter of PV Drilling (PVD) jackup PVD VI for a drilling campaign with IPC (ex-Lundin) off Malaysia is understood to have now been signed, according to market sources.

The work scope covers two wells lasting between 60 and 90 days, including mobilisation and demobilisation time. Commencement is scheduled for December 2017, after the rig completes ongoing work with Premier Oil off Vietnam. The IPC scope will keep the rig occupied until around February 2018. PV Drilling VI will then return to Vietnam to undertake work with Rosneft. The latter campaign is scheduled for commencement in second quarter 2018. PVD VI is then free to pursue other opportunities, in particular offshore Vietnam.

Deepwater Nautilus to move for Shell's Jarak-1 soon

MALAYSIA: Transocean semi Deepwater Nautilus is scheduled to be mobilised this week from Labuan to its first well location, Shell's Jarak-1, off Sarawak.
The unit is expected to be working on location for 30 days before moving on to the next deployment. Deepwater Nautilus is currently chartered by Shell to drill four firm wells and 11 option wells. If all option wells are exercised, it could keep the unit occupied through 2018 and possibly beyond. The rig was mobilised to Asia in August 2016 and is currently on standby at Labuan, Malaysia.
13-Nov-2017