Velesto bags $90m jackup deal in Indonesia

Offshore drilling unit of Malaysia’s Velesto Energy has won a contract for one of its jackup rigs to work offshore Indonesia. Velesto won a contract from PC Ketapang II, PC North Madura II, and Petronas for its Naga 8 jackup. The contract, which is set to begin in July 2025, has a firm period of …

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