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

Eni, Petronas to Set Up Joint Venture for Assets in Indonesia and Malaysia

Sapura Energy Nets $720M from Multiple Drilling Services Contracts

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

ADNOC Secures LNG Supply Deal with India's BPCL

Malaysia's Petronas Plans Job Cuts

Japan's Mitsui Eyes Alaska LNG Project

China's CNOOC Aims for Record Oil and Gas Production in 2025

Yinson Production Scoops $1B Investment to Upscale FPSO Business

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

Current News

Petronas, Inpex Secure Oil and Gas Exploration Rights off Indonesia

Mubadala Energy Open to Sell Andaman Gas for Domestic Use

Velesto’s Jack-Up Rig Up for Drilling Job Offshore Vietnam

ABS Greenlights SHI’s Multi-Purpose Deepwater LNG Floating Unit

Turkey Discovers New Black Sea Gas Reserve

Indonesia's Medco Starts Production at Natuna Sea Fields

Indonesia Grants Approval to Kuwaiti Firm for Anambas Block in Natuna Sea

ADNOC’s XRG Partners Up with Petronas for Offshore Gas Block in Caspian Sea

Valeura Energy Greenlights Wassana Oil Field Redevelopment off Thailand

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com