VELESTO ENERGY BERHAD

Contact Information

Velesto Energy Berhad (Velesto) is a Malaysia-based multinational provider of services for the upstream sector of the oil and gas industry.

Velesto owns and operates six premium jack-up drilling rigs, which are capable of operating in water depths of up to 400 feet – ideal for the shallow waters of South East Asia. We are also a provider of workover services through our fleet of hydraulic workover units. In addition, we provide integrated drilling and workover services to meet our client’s requirements.

Our collaboration with PETRONAS Technical Training Sdn Bhd in establishing Velesto-INSTEP Drilling Academy (VIDA) reflects our commitment to developing high-quality talent and addressing the critical shortage of skilled local drilling professionals, contributing to the growth of the nation’s human capital.

Listed on the Main Board of Bursa Malaysia, we are a constituent of the FTSE4Good Bursa Malaysia Index, a testament to our sustainability performance and Environmental, Social, and Governance (ESG) practices.

Gallery

Accreditation and Certification

Certification Type Application Date of Awarded
MSOSH Gold Class 1 Award - Malaysia Society MSOSH 17th November 2022
ISO29001:2020 DNV 14th March 2022
ISO45001:2018 DNV 26th February 2021
ISO14001:2015 DNV 26th February 2021
ISO9001:2015 DNV 26th February 2021

Key Clients Projects

Country Clients Project Name and Summary of Work Space Year
MALAYSIA EXXONMOBIL EXPLORATION AND PRODUCTION MALAYSIA INC. PROVISION OF ONE (1) HYDRAULIC WORKOVER UNIT & SERVICES 2022
MALAYSIA HESS EXPLORATION AND PRODUCTION MALAYSIA B.V. PROVISION OF INTEGRATED RIG, DRILLING AND COMPLETION SERVICES (I-RDC) 2022
MALAYSIA PETRONAS CARIGALI SDN. BHD. PROVISION OF JACK-UP DRILLING RIGS FOR PETRONAS CARIGALI SDN.BHD (PCSB) 2022
MALAYSIA SARAWAK SHELL BERHAD / SABAH SHELL PETROLEUM COMPANY LIMITED PROVISION OF JACK UP DRILLING UNIT FOR 2021-2022 2021
MALAYSIA CARIGALI HESS OPERATING COMPANY SDN. BHD. PROVISION OF 10K JACK UP DRILLING RIG FOR 2020 DRILLING PROGRAMME 2019