PETALING JAYA: Velesto Energy Bhd
(VEB) has secured a contract worth RM60mil from PETRONAS Carigali Sdn Bhd for the provision of plug and abandonment integrated services for Tembungo A & B oilfields.
In a filing with Bursa Malaysia, VEB said Velesto Workover Sdn Bhd (VWO), a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn Bhd (VMV), which in turn is a wholly-owned subsidiary of VEB secured the contract from PETRONAS Carigali.
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