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.

DOF Group Wins Contract Award in APAC Region

July 7, 2026

DOF Group Wins Contract Award in APAC Region

BP Exits Canada's Bay du Nord Project as Equinor Acquires Full Interest

July 6, 2026

BP Exits Canada's Bay du Nord Project as Equinor Acquires Full Interest

Israel Steps Up Mediterranean Gas Search

July 7, 2026

Israel Steps Up Mediterranean Gas Search

Oil Climbs on US-Iran Deal Uncertainty

July 7, 2026

Oil Climbs on US-Iran Deal Uncertainty

Solstad’s Normand Vision CSV Secures Work Through 2028

July 7, 2026

Solstad’s Normand Vision CSV Secures Work Through 2028

Saudi Arabia Eyes Oil Pipeline Expansion to Red Sea

July 7, 2026

Saudi Arabia Eyes Oil Pipeline Expansion to Red Sea