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.

MOL Gets ClassNK Approval for Jointing and Burial Vessels Design

December 24, 2025

MOL Gets ClassNK Approval for Jointing and Burial Vessels Design

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

December 26, 2025

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

CNOOC Makes Major Oil Discovery in Bohai Sea

December 24, 2025

CNOOC Makes Major Oil Discovery in Bohai Sea

US Orders Military to Enforce ‘Quarantine’ of Venezuelan Oil

December 26, 2025

US Orders Military to Enforce ‘Quarantine’ of Venezuelan Oil

CB&I Agrees to Acquire Petrofac Asset Solutions Business

December 24, 2025

CB&I Agrees to Acquire Petrofac Asset Solutions Business

Baker Hughes Secures Kuwait Oil Company Contract for Production Uplift

December 26, 2025

Baker Hughes Secures Kuwait Oil Company Contract for Production Uplift