Velesto Energy investigating NAGA 7 rig incident, assessing options

KUALA LUMPUR: Velesto Energy Bhd is investigating the incident involving its drilling rig, Velesto Naga 7, which submerged today in offshore Sarawak, and is evaluating options. “The rig is covered by insurance and recovery efforts are ongoing and being monitored,” it said in a filing with Bursa Malaysia. The offshore drilling services provider said the […]