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.

US DOE Green Light Set to Make Corpus Christi Second Largest US LNG Scheme

February 27, 2026

US DOE Green Light Set to Make Corpus Christi Second Largest US LNG Scheme

U.S., Israel Stike Iran: What's Next for Shipping

February 28, 2026

U.S., Israel Stike Iran: What's Next for Shipping

Equinor Eyes Fast Development of New North Sea Oil Find

March 2, 2026

Equinor Eyes Fast Development of New North Sea Oil Find

Oil Up 8% as Middle Eastern War Rages

March 2, 2026

Oil Up 8% as Middle Eastern War Rages

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

March 2, 2026

Qatar Stops LNG Output, Other O&G Fields Shut as War Rages

Fugro Swings to Loss as Renewables Slowdown Hits

February 27, 2026

Fugro Swings to Loss as Renewables Slowdown Hits