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Velesto awarded Malaysia jackup drilling contract for East Belumut field

Velesto awarded Malaysia jackup drilling contract for East Belumut field

by Offshore Reporter | Feb 25, 2026 | Offshore

Velesto Energy has secured a $16.5-million drilling contract from Jadestone Energy to deploy the NAGA 8 jackup for infill drilling at the East Belumut field offshore Malaysia, supporting Southeast Asia upstream activity and regional rig utilization.

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Velesto awarded Malaysia jackup drilling contract for East Belumut field

Latest News

Norske Shell awards AGR workforce contract for Ormen Lange operations

PETRONAS unlocks more than 1 Bboe with latest Suriname discoveries

TotalEnergies sells stake in Malaysia’s Marjoram gas field to INPEX

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