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Velesto Energy

Description

Velesto Energy Berhad participates in upstream activities of the oil and gas industry through two main activities:

  • Drilling Services: Offshore Drilling and Hydraulic Workover Services
  • Oilfield Services: Threading, Repair and Inspection Services

Offshore drilling rigs

The company's principal activities are the provision of offshore drilling services to the upstream oil and gas sector.

Velesto own and operate a fleet of offshore drilling rigs that are designed to meet the recent demands of the industry. 

Workover services

Velesto own and operate a fleet of modular and versatile workover units that are well suited for well intervention operations located either on a small satellite jackets or large integrated platforms.

The company's hydraulic-driven workover units with high pulling capacities are capable of performing a wide range of workover services.

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Related news

Velesto Divests NAGA 3 to Focus on Advanced Premium Rigs
16/12/2025
Velesto and Icon Secure Offshore Contract in Malaysia
23/10/2025
Velesto Secures PTTEP Drilling Contract in Malaysia
03/07/2025
Velesto Secures Drilling Contract For Naga 8 in Indonesia
23/05/2025
Velesto secures jack-up drilling rig award from PETRONAS
01/10/2021
Velesto Energy reports Naga 7 Rig incident Offshore Sarawak
04/05/2021
Shell awards Malaysia Jack-Up Drilling Rig Services contract to Velesto
08/04/2021

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