Rejected offshore rigs in Saudi Arabia likely to impact Southeast Asian market

Velesto estimates that eight of the 22 suspended jack-ups might be competing for long-term contracts

Two of Velesto Energy's drilling rigs (left).
Two of Velesto Energy's drilling rigs (left).Photo: VELESTO ENERGY
Published 28 May 2024, 00:56Updated 28 May 2024, 08:11