Velesto Gets Shell’s Deepwater Job Offshore Malaysia

Wednesday, March 4, 2026

Malaysia’s oil and gas services firm Velesto has secured two contracts from Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell, to support its deepwater operations offshore Sabah in Malaysia.

The contracts were awarded to Velesto’s subsidiary, Velesto Workover, and cover comprehensive maintenance services for top tension risers at a tension leg platform operated by Sabah Shell Petroleum.

The work will be delivered in partnership with Velesto’s principal, INVX Asia Pacific.

Velesto said the multi-year contracts support its strategy to expand integrated maintenance and engineering offerings within the upstream energy sector, working in collaboration with INVX.

“We thank SSPC for their continued trust in Velesto. This reflects our expertise to support their offshore activities and our consistent focus on safe and efficient operations. These projects help support the Group’s long-term resilience by diversifying into a broader range of services,” said Megat Zariman Abdul Rahim, President of Velesto.

Categories: Subsea Industry News Activity Asia Oil and Gas

Related Stories

CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output

United Arab Emirates Exits OPEC and OPEC+

Saipem Poised for Middle East Repair Work After Iran War

Middle East Conflict Jolts Offshore Drilling Market

Valeura Charters Shelf Drilling’s Jack-Up Rig for Gulf of Thailand Ops

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

Japan to Launch $10B Fund to Help Asia Secure Oil

Borr Drilling Expects Higher Activity as Rigs Return to Work

OneSubsea Bags Third PTTEP Subsea Systems Contract in One Year

Current News

Brent Near $114 as Middle East Conflict Continues

Thailand Cancels Offshore Energy Exploration Pact with Cambodia

Vessel Sector Deep Dive: WTIVs

Indonesia’s Mako Gas Project on Track for First Gas in 2027

CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output

UAE Exit Weakens OPEC, Raises Risk of Price War

United Arab Emirates Exits OPEC and OPEC+

Technology as Enabler of Energy Security in Offshore Asia

Saipem Poised for Middle East Repair Work After Iran War

Middle East Conflict Jolts Offshore Drilling Market

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