PETALING JAYA: Velesto Energy Bhd
, via its unit Velesto Drilling Sdn Bhd has received a letter of award worth RM60.6mil from PTTEP HK Offshore Ltd, PTTEP Sabah Oil Ltd and PTTEP Sarawak Oil Ltd (PTTEP) for the provision of one 10,000 jack-up drilling rig.
In a filing with Bursa Malaysia, Velesto said the contract is for the provision of drilling rig services for PTTEP’s drilling programme, whereby Velesto will assign its NAGA 3 for the job.
The contract is to drill two firm wells and commenced in February 2023.
