Rigs_and_Vessels

Insurance for sunken rig lifts Malaysian company's profit

Velesto has a profitable quarter despite much lower revenue year-on-year

In the fleet: the jack-up Naga 4 — In the fleet: the jack-up Naga 4Photo: VELESTO ENERGY

Russell Searancke

Wellington

Malaysia Velesto Energy Asia & Oceania Southeast Asia

Published 26 August 2021, 04:51Updated 1 September 2021, 13:04