Jack-up drilling rig, the Velesto NAGA 7, owned by Malaysia-based Velesto Energy Bhd, has sunk off Malaysia while under deployment to oil company ConocoPhillips. NAGA 7 is an independent-leg cantilever jack-up rig that was delivered in January 2015. It has a drilling depth capability of 30,000ft...
https://insurancemarinenews.com/insurance-marine-news/jack-up-drilling-rig-sinks-off-malaysia/