Velesto seeks to be more asset light this year


PETALING JAYA: Velesto Energy Bhd has tendered for a deepwater drillship project and plans to be more asset light this year, according to TA Research.

Following a recent briefing for analysts, the research house said Velesto’s management revealed that the company has tendered for a deepwater drillship project in the country and is in discussions for a collaboration on the tender by providing onshore support.

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Velesto , oil and gas , energy , drilling , deepwater

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