Velesto Energy Berhad (VLSOF)

Profile

https://velesto.com

Velesto Energy Berhad is a Malaysia-based multinational provider of integrated services for the upstream sector of the oil and gas industry. The company owns and operates six premium jack-up drilling rigs capable of working in water depths up to 400 feet, making them well-suited for shallow waters in Southeast Asia, and a fleet of hydraulic workover units that deliver workover services including re-completion, intervention, and plug and abandonment. Velesto Energy Berhad also offers specialized oilfield services such as threading, inspection, and repair for Oil Country Tubular Goods with a focus on premium connections for complex wells, operated from its facility in Tianjin, China. Complementing these operations, Velesto Academy provides accredited technical training programs to upskill personnel and enhance competency in the drilling sector. Through these offerings, the company supports exploration, development, production, and maintenance activities, emphasizing service quality, safety, operational efficiency, and sustainability in its core markets.