Global and Regional MarketsNewsThe Offshore Frontier

Velesto Energy nets four-well contract from Jadestone for work offshore Malaysia

Singapore-based Jadestone Energy has contracted Velesto Energy’s Velesto NAGA 2 jackup for a four-well contract to facilitate an infill drilling program at the Jadestone-operated East Belumut field offshore Malaysia.

The contract is expected to start in Q3 2023 and has an estimated value of $6.1 million.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button