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Analyst Reports

Velesto Energy set to return to the black

PETALING JAYA: As activity in oil and gas space pick-up, Velesto Energy Bhd is expected to be profitable in the coming year.

On Friday, the oil and gas service provider announced that it had received a two-year contract to provide jack-up drilling rigs to Petronas Carigali Sdn Bhd.

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Velesto , energy

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