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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

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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