Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

🌐 Offshore Engineer (MY) —
Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

AI Summary

Velesto Energy, a Malaysia-based offshore drilling contractor, has terminated the sale of its NAGA 3 jack-up rig to Indonesian company PT Indonesia Drilling Energy. The cancellation potentially affects offshore drilling capacity and future deals within the Southeast Asian energy sector.

Malaysia-based offshore drilling contractor Velesto Energy has terminated the sale of its jack-up drilling rig NAGA 3 to Indonesia's PT Indonesia Drilling Energy…

World Markets Deals Energy Velesto Energy NAGA 3 jack-up rig Indonesia offshore drilling rig sale termination energy sector contractor

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