Velesto Energy, Carigali Hess agree to extend 10K drilling rig contract for another 18 months

KUALA LUMPUR: Velesto Energy Bhd’s wholly-owned subsidiary, Velesto Drilling Sdn Bhd, has mutually agreed for the extension of the Provision of 10K Jack-up Drilling Rig for 2020 Drilling Programme contract with Carigali Hess Operating Company Sdn Bhd for another 18 months worth US$74 million (US41=RM4.67).

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