Velesto Teams Up with SLB to Enhance Drilling Rig Capabilities

Friday, October 4, 2024

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.

Categories: Industry News Activity Asia Oil and Gas

Related Stories

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

Current News

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Talos Energy Farms Into Mexico’s Offshore Oil Block via Repsol Deal

Eni, TotalEnergies Greenlight Cronos Gas Development off Cyprus

Baker Hughes Sees Lower Oil and Gas Spending in 2026

Subscribe for OE Digital E‑News