KUALA LUMPUR: Velesto Energy Bhd’s subsidiary, Velesto Drilling Sdn Bhd, has been awarded four contracts worth a total of RM432.33mil from Petronas Carigali Sdn Bhd for the provision of jack-up drilling rig services.
In a filing with Bursa Malaysia yesterday, it said the contracts for the Naga 2, Naga 3 and Naga 5 jack-up rigs, with an estimated contract value of RM105.07mil, RM105.07mil) and RM108.08mil, will commence in April/May 2019.
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