Velesto bags US$135mil North Malay Basin contract from HESS


KUALA LUMPUR: Velesto Energy Bhd’s wholly owned unit Velesto Drilling Sdn Bhd, has bagged a US$135 million (US$1 = RM4.74) contract from Hess Exploration And Production Malaysia B.V.

It said the contract was for the provision of integrated rig, drilling and completion (I-RDC) services for Hess’ 2022 to 2024 North Malay Basin full field development campaign.

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Velesto , Hess , North Malay Basin , O&G , Drilling

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