Velesto Energy Bhd
KLSE:VELESTO
Velesto Energy Bhd
Velesto Energy Bhd.is an investment holding company, which provides drilling and oilfield services for the oil and gas industry. The company is headquartered in Kuala Lumpur, Wilayah Persekutuan. The company went IPO on 2013-11-01. The firm segments include drilling services, integrated services, oilfield services and others. The Company’s services include offshore drilling rigs and oilfield services. The firm provides integrated services, including workover operations for the oil and gas industry. The firm also provides threading, inspection and repair services for Oil Country Tubular Goods, with a focus on premium connections used in high-end and complex wells. The firm owns and operates a fleet of offshore drilling rigs that are designed to meet the demands of the industry. Its offshore drilling rigs include NAGA 2, NAGA 3, NAGA 4, NAGA 5, NAGA 6 and NAGA 8. Its hydraulic workover units include GAIT 1, GAIT 2, GAIT 5 and GAIT 6.