Velesto Energy Berhad

Velesto Energy Berhad (Velesto) is a Malaysia-based multinational provider of services for the upstream sector of the oil and gas industry. Velesto owns and operates six premium jack-up drilling rigs, which are capable of operating in water depths of up to 400 feet - ideal for the shallow waters of South East Asia. We are also a provider of workover services through our fleet of hydraulic workover units. In addition, we provide integrated drilling and workover services to meet our clients’ requirements. Velesto ensures continuity and quality of skilled drilling personnel through Velesto-INSTEP Drilling Academy (VIDA) - a successful collaboration between Velesto Drilling Academy Sdn Bhd and PETRONAS Technical Training Sdn Bhd. Listed on the Main Board of Bursa Malaysia, we are a constituent of FTSE4Good Bursa Malaysia Index, a testament to our sustainability performance and Environmental, Social and Governance (ESG) practices.