Further, three of Velesto’s jack-up rigs — Naga 2, Naga 4, and Naga 6 — have received two-year contract extensions from Malaysia’s national oil-and-gas company Petronas on March 22 worth ...

PETALING JAYA: The extension of the Naga 8 jack-up rig is expected to provide some earnings uplift for Velesto Energy Bhd, but this will be partially offset by the delay of Naga 3. TA Research ...