Velesto Secures US$51 Million i-RDC Contract for Chevron Malaysia’s North Malay Basin Campaign

Malaysia’s offshore oil and gas sector continues to record active development, with Velesto Energy Berhad securing an approximately US$51 million contract to support Chevron Malaysia’s upcoming drilling campaign in the North Malay Basin. The contract was awarded to Velesto’s wholly owned subsidiary, Velesto Drilling Sdn. Bhd., by Hess Exploration and Production Malaysia B.V., a wholly […]