KUALA LUMPUR: Velesto Energy Bhd
(VEB) has secured a US$17.68mil for the provision of jack-up drilling rig services.
In a filing with Bursa Malaysia, VEB said Velesto Drilling Sdn Bhd, a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn Bhd, which in turn is a wholly-owned subsidiary of VEB, has received a letter of award from Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited.
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