Valesto and Schlumberger sign 3-year MoU

KUCHING: Multinational provider of drilling and oilfield services, Velesto Energy Berhad (Velesto), through its subsidiary Velesto Drilling Sdn Bhd, has inked a memorandum of understanding (MoU) with Schlumberger (SLB) at the SLB Digital Forum 2024 in Monaco.

In a statement, it said that the three-year collaboration will see SLB deploy its DrillOpsTM Intelligent Well Delivery and Insights Solutions as well as its Drilling Emissions Management Solutions on designated Velesto rigs.

It explained that these digital solutions were designed to enhance and optimise drilling performance and monitor emissions, unlocking commercial potential for both parties.

Velesto president  Megat Zariman Abdul Rahim commented that this agreement represented a significant shift in their approach to enhancing the company’s rig in technical capabilities.

“By integrating high quality service, safety and, the latest in digital and technological advancements, we are committed to delivering high performance and efficient outcomes for our clients,” he said.