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Velesto wins jackup rig contract for Hibiscus Malaysia drilling campaign

Velesto wins jackup rig contract for Hibiscus Malaysia drilling campaign

by Offshore Reporter | May 15, 2026 | Offshore

Velesto Energy has secured its first asset-light offshore drilling contract from Hibiscus Oil & Gas Malaysia, covering jackup rig services for plug and abandonment and exploration wells offshore Malaysia.

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Velesto wins jackup rig contract for Hibiscus Malaysia drilling campaign

Latest News

Equinor extends Deepsea Atlantic drilling contract into late 2027

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TotalEnergies, Namibia still negotiating Venus terms as 2026 FID target nears

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