Velesto drilling rigs

Velesto Energy Berhad

Velesto is the largest jack-up drilling rigs owner and operator from Malaysia and Southeast Asia. In addition, we provide integrated drilling and workover services to meet our clients''

Velesto wins 15-well drilling contract from PTTEP for 2025–2026

VELESTO Energy Bhd said that its wholly-owned subsidiary, Velesto Drilling Sdn Bhd, has secured a contract from PTTEP HK Offshore Ltd and PTTEP Sarawak Oil Ltd

TECHNOLOGY COLLABORATION: VELESTO,

The MoU aims to establish a collaborative framework that leverages NOV''s drilling automation system (''NOVOS'') and other Energy Carbon Optimization Solutions (''ECOS'') including

Velesto signs MOU with SLB to boost drilling rig

Velesto Energy, through its subsidiary Velesto Drilling, has entered into a memorandum of understanding (MOU) with SLB, aimed at enhancing

VELESTO COMPLETES SPS FOR NAGA 2; SECURES

About Velesto Energy Berhad VELESTO ENERGY BERHAD is a Malaysia-based multinational provider of services for the upstream sector of the oil and gas industry through our fleet of six

Velesto secures US$40 mil drilling contract from

Velesto owns and operates six premium jack-up drilling rigs, which are suited for shallow water operations across Southeast Asia. The company

Sunken Velesto rig removed from seafloor offshore Malaysia

Velesto Energy says its NAGA 7 jackup drilling rig, which sank offshore the coast of Sarawak in May 2021, has been removed with remaining recycling activities set to be

Seadrill, Velesto provide drilling fleet status updates

Negotiations continue with a potential client for NAGA 5, with the rig likely to start work by June. The near-term outlook for jackup rigs in

Another Velesto jack-up rig ready for five more years

The NAGA 6 rig''s SPS follows the completion of the same five-year classification requirement for the NAGA 2 jack-up in August 2024 before the

Three Velesto jack-up rigs pick up more drilling work with

Petronas Carigali (PCSB), a wholly-owned subsidiary of Malaysian state-owned energy giant Petronas, has booked three jack-up rigs from Velesto, a compatriot rig owner, for

Technology Collaboration: Velesto, PETRONAS, and

Velesto Energy Berhad (''Velesto''), through its subsidiary Velesto Drilling Sdn Bhd, has signed a Memorandum of Understanding (''MoU'') with

Velesto rig completes special survey in Malaysia

Velesto Energy''s NAGA 6 jackup rig has completed a five-yearly special periodical survey at Labuan Shipyard in Malaysia. The scope of work

Velesto announced completion of offline capabilities upgrade for

VELESTO ENERGY BERHAD (''Velesto'') announced that it has completed the offline capabilities upgrading works for NAGA 5 and NAGA 6, making the two rigs - the first

PTTEP Hires Velesto''s Jack-Up Rig for Drilling

Velesto continues to benefit from rising regional demand for jack-up rigs and anticipates a more active second half of 2025, supported by a robust

Petronas pounces on Velesto rig for Indonesia gig

Petronas pounces on Velesto rig for Indonesia gig Jack-up rig Naga 8 to drill at least 12 wells across three PSCs Velesto Energy president,

Velesto signs MOU with SLB to boost drilling rig

Velesto, a Malaysia-based multinational, provides services to the upstream oil and gas industry with a fleet of six jack-up drilling rigs and two

15-well drilling campaign in Malaysian waters goes to Velesto rig

The NAGA 5 premium independent-leg cantilever jack-up drilling rig has a rated operating water depth of 400 feet and drilling depth capability of 30,000 feet. "Velesto

Velesto wins 15-well drilling contract from PTTEP for

VELESTO Energy Bhd said that its wholly-owned subsidiary, Velesto Drilling Sdn Bhd, has secured a contract from PTTEP HK Offshore Ltd and

1Q2025 Financial Results: Velesto Delivers Strong Pat Amid Lower Rig

Velesto Energy Berhad (''Velesto'') announced its financial results for the first quarter ended 31 March 2025 (''1Q2025''), delivering strong profitability despite softened rig

Velesto | Shaping a Sustainable Tomorrow with Innovation and

We own and operate a fleet of offshore drilling rigs, specifically designed to meet the evolving demands of the industry. Velesto owns and operates six (6) premium jack-up rigs. Our

GENERAL WELL CONTROL

GENERAL Name Design Delivery Construction Yard Jack Up Type Flag Classification Class Notations VELESTO NAGA 5 Keppel FELS B Class Design March 2014 Keppel FELS Yard,

Velesto provides rig update, reports ''softened rig utilization''

As of April 2025, Velesto reported that its order book has doubled to RM1.4 billion (US$329.9 million), providing earnings visibility until 2028. Velesto owns and operates six

PTTEP takes Velesto rig for 15 offshore wells | Offshore

This covers the supply of one jackup rig for the company''s 2025-2026 drilling campaign offshore southeast Asia. Velesto will assign the NAGA 5 rig for the contract, which

Southeast Asia calling jack-up duo: One Velesto rig

While Malaysia''s rig owner Velesto, which is set on actively pursuing new assignments in Southeast Asia for its jack-up fleet, is due to

''Strategic expansion'': Velesto to drill 40-plus wells offshore Vietnam

Malaysia''s Velesto Drilling has won a contract to deploy one of its jack-ups for a 40-plus well campaign offshore Vietnam. The contractor said this long-term contract marks the group''s

Velesto jack-up rig picks up multi-million extension

Velesto has been awarded a long-term contract extension with an estimated value of $74 million for one of its jack-up drilling rigs.

Velesto Energy bags US$90m job to provide drilling

Oil and gas services provider Velesto Energy Bhd (KL:VELESTO) has bagged a contract worth over US$90 million (RM383 million) to provide

Velesto brings jack-up rig''s SPS forward to prep it for

This is a premium independent-leg cantilever jack-up rig with a drilling depth capability of 30,000 feet and a rated operating water depth of

Velesto Secures Drilling Contract for NAGA 8 in Indonesia

Velesto Energy Berhad (''Velesto'' or the ''Group''), today announced that it has secured a new drilling contract from PC Ketapang II Ltd, PC North Madura II Ltd, and

Power Your Operations With Reliable Mining Equipment?

We are a leading manufacturer of drilling rigs and air compressors for mining and construction industries.