Velesto Energy Berhad
Oil and Gas in Malaysia
Overview
Velesto Energy Berhad is a Malaysia-based multinational provider of services for the upstream oil and gas sector.
The Group owns and operates six premium jack-up drilling rigs, which are capable of operating in water depths of up to 400 feet — ideal for the shallow waters of Southeast Asia. Velesto also provides workover services through its hydraulic workover units. Through Velesto Energy Academy (VAD), the Group actively supports the development of skilled drilling professionals, contributing to Malaysia’s human capital growth. Notably, Velesto’s onshore rig at INSTEP is utilised by Universiti Teknologi PETRONAS students and industry professionals, providing exposure to real operating environments. Listed on the Main Board of Bursa Malaysia, it is a constituent of the FTSE4Good Bursa Malaysia Index, a testament to its sustainability performance and ESG practices.
Tagline
Driller of Choice
EMPLOYEES
501-1,000 employees
FOUNDED
2002
HQ
Kuala Lumpur, Wilayah Persekutuan
TYPE
Public Company
Location
- Street
- Jalan Stesen Sentral 5
- City
- Kuala Lumpur
- Region
- Wilayah Persekutuan
- Postal code
- 50470
- Country
- Malaysia
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FAQ
What is the company name?
velesto.com is the website of Velesto Energy Berhad.
What is the industry of the company?
Velesto Energy Berhad (velesto.com) is in the Oil and Gas industry.
What products and services does the company offer?
Velesto Energy Berhad (velesto.com) lists these specialties: Oil & Gas, Drilling Services, Hydraulic Workover, and Drilling Academy.
When was the company founded?
Velesto Energy Berhad (velesto.com) was founded in 2002.
How many employees does the company have?
Velesto Energy Berhad (velesto.com) has 501-1,000 employees.
What is the company type?
The company type of Velesto Energy Berhad (velesto.com) is Public Company.
Where is the company headquartered?
Velesto Energy Berhad (velesto.com) is headquartered in Kuala Lumpur, Wilayah Persekutuan.
What is the address of the company?
The address of Velesto Energy Berhad (velesto.com) is Jalan Stesen Sentral 5, Kuala Lumpur, Wilayah Persekutuan, 50470, Malaysia.
What are the social media accounts of the company?
The social media account of Velesto Energy Berhad (velesto.com) is LinkedIn.
Social media