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23 JUL 2026 THURSDAY
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Malaysia’s Velesto Energy has landed a contract from Hess, a Chevron subsidiary, to provide integrated rig, drilling, and completion services in the North Malay Basin. The contract, worth around $51m (RM208mil), was disclosed in a filing with Bursa Malaysia and was handed to the Naga 8 jackup rig, set to start drilling in August. Work …
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news Splash247 ·2026-07-23

Velesto bags $51m North Malay Basin contract

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