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.

Shell Sells 20% Stake in Offshore Orca Project to Kuwaiti Foreign Petroleum Exploration Company

February 3, 2026

Shell Sells 20% Stake in Offshore Orca Project to Kuwaiti Foreign Petroleum Exploration Company

US Federal Court Allows Ørsted to Resume Sunrise Wind Construction

February 3, 2026

US Federal Court Allows Ørsted to Resume Sunrise Wind Construction

TGS Gets Streamer 4D Contract Offshore Norway

February 3, 2026

TGS Gets Streamer 4D Contract Offshore Norway

Akrake Completes Drilling of Sèmè Field Production Well Offshore Benin

February 3, 2026

Akrake Completes Drilling of Sèmè Field Production Well Offshore Benin

HSI Rolls Out Zingst Offshore Substation Topside for German TSO

February 2, 2026

HSI Rolls Out Zingst Offshore Substation Topside for German TSO

Kuwait to Tap International Oil Firms for Offshore Fields

February 3, 2026

Kuwait to Tap International Oil Firms for Offshore Fields