Malaysia-based Velesto Energy has obtained a new offshore drilling assignment in Thailand through its subsidiary Velesto Sumber, reinforcing the company’s presence in one of its key regional markets.
Under the agreement, Velesto Sumber will supply the Naga 6 jackup drilling rig together with drilling-related services for a campaign in the Gulf of Thailand. The contracted program includes the drilling of four infill wells and three exploration wells for Northern Gulf Petroleum.
The Naga 6 is a premium independent-leg jackup rig designed for operations in water depths of up to 375 ft. The unit is equipped with a drilling capability reaching 30,000 ft, supporting both field development and exploration activities.
According to the company, the latest award aligns with its strategy of maintaining dependable rig performance across offshore projects while supporting ongoing development programs in the region.
Megat Zariman Abdul Rahim, President of Velesto Energy, said the contract strengthens the company’s drilling business and demonstrates its ability to secure work within its established operating markets as offshore development and exploration activity continues across Southeast Asia.
