Velesto operates seven jack-up (JU) rigs in Malaysian waters. Velesto Energy BhdBy UOB KayHian Already a subscriber? Log inThe Star Festive Promo: Get 35% OFF Digital AccessCancel anytime. Ad-free. Unlimited access with perks.Monthly PlanRM 13.90/monthSubscribeBest ValueAnnual PlanRM 12.33/monthRM 8.02/monthSubscribeBilled as RM 96.20 for the 1st year, RM 148 thereafter. Follow us on our official WhatsApp channel for breaking news alerts and key updates! Tags / Keywords: Velesto Energy , Gadang , Three-A , Petamaster , Analyst reports , Report a mistake What is the issue about? Spelling and grammatical error Factually incorrect Story is irrelevant This field is mandatory. Please provide details of the report. Email (optional) Please enter valid email. Report issue Cancel Invalid captcha response. Please re-try again. Thank you for your report! Related News Corporate News 29 Jan 2026 Velesto likely to gain from demand for jack-up rigs Corporate News 30 Dec 2025 Velesto Energy to streamline its operations Corporate News 23 Jan 2026 Velesto likely to declare special dividend in May from rig sale