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Velesto

Oil&Gas Drilling
Velesto Going after Three Ds – Digitalization, Decarbonization, and Diversification for Enhanced Drilling and Oil & Gas Era
With the world caught in a vicious circle of geopolitical tensions, high-stakes tariff games, emerging trade wars, climate change woes, and the need to tackle t…
Natural Gas
PTTEP Appraising ‘Remarkable’ Offshore Oil and Gas
Thailand’s national upstream company PTTEP is appraising its Chenda discovery on Block SK 405B offshore Sarawak, East Malaysia, for which it expects to co…
Oil&Gas Drilling
Velesto Energy Brings Forward Rig Survey Following Contract Suspension
Carigali Hess Operating Company has suspended the contract for the Velesto Energy jackupNAGA 8, due to early completion of the drilling program.Velesto now plan…
Oil&Gas Drilling
Velesto Energy Brings Forward Rig Survey Following Contract Suspension
Carigali Hess Operating Company has suspended the contract for the Velesto Energy jackupNAGA 8, due to early completion of the drilling program.Velesto now plan…
Crude Oil
Velesto, Petronas, NOV Partner to Automate Drilling Operations
Velesto Energy Bhd. (Velesto) has signed a Memorandum of Understanding (MOU) with Petroliam Nasional Bhd. (Petronas) and National Oilwell Varco L.P. (NOV) to im…
Service Operation Vessel
Petronas Takes Three Velesto Jack-up Rigs for Drilling Ops off Malaysia
Malaysian rig owner Velesto has secured work with an estimated combined contract value of $128 million for three jack-up drilling rigs for operations in Malaysi…