Velesto Teams Up with SLB to Enhance Drilling Rig Capabilities

October 4, 2024

Velesto Teams Up with SLB to Enhance Drilling Rig Capabilities
(Credit: Velesto)

Malaysia-based Velesto Energy, through its subsidiary Velesto Drilling, has signed a memorandum of understanding with SLB to enhance performance of its drilling rigs.

The three-year collaboration will see SLB deploy its DrillOps Intelligent Well Delivery and Insights Solutions as well as its Drilling Emissions Management Solutions on designated Velesto rigs.

These digital solutions are designed to enhance and optimize drilling performance and monitor emissions, unlocking commercial potential for both parties.

“This agreement represents a significant shift in our approach to enhancing our rig technical capabilities. By integrating high quality service, safety and, the latest in digital and technological advancements, we are committed to delivering high performance and efficient outcomes for our clients,” said Megat Zariman Abdul Rahim, President of Velesto.

GLO Marine Eyes $57m in Revenue for Middle East Expansion, New Facility

September 17, 2026

GLO Marine Eyes $57m in Revenue for Middle East Expansion, New Facility

Verlume, SubCtech Team Up on Subsea Power Systems

September 16, 2026

Verlume, SubCtech Team Up on Subsea Power Systems

EU Set to Restart Scrutiny of Subsea 7-Saipem Combination

September 16, 2026

EU Set to Restart Scrutiny of Subsea 7-Saipem Combination

LNG Prices Projected to Spike; European Stocks Dwindle

September 17, 2026

LNG Prices Projected to Spike; European Stocks Dwindle

Borr Drilling Reshapes Mexico Operations, Extends Rig Backlog

September 16, 2026

Borr Drilling Reshapes Mexico Operations, Extends Rig Backlog

Saudi Export Disruptions Push Oil to Four-Month Highs

September 16, 2026

Saudi Export Disruptions Push Oil to Four-Month Highs