KUALA LUMPUR: Velesto Energy Bhd
has secured a contract from ConocoPhillips worth US$8mil (RM33mil) for the provision of jack-up rig services.
The contract is to drill up to three wells offshore Sarawak with the tentative commencement sometime in the first half of 2021.
Velesto said it will drilling rig Naga 7 for this contract.
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