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Velesto wins contract for NAGA 6 drilling rig in Thailand
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Velesto wins contract for NAGA 6 drilling rig in Thailand

Yahoo Finance · Jun 4, 2026, 2:04 PM · Also reported by 2 other sources

Key takeaways

  • Velesto wins contract for NAGA 6 drilling rig in Thailand Velesto Energy provides upstream oil and gas services using six wholly owned jack-up drilling rigs and two hydraulic workover units.
  • The contract involves the deployment of the NAGA 6 rig for a drilling campaign in the Gulf of Thailand.
  • The scope of the contract includes drilling four infill wells and three exploration wells, with options for up to two additional exploration wells.

Velesto wins contract for NAGA 6 drilling rig in Thailand Velesto Energy provides upstream oil and gas services using six wholly owned jack-up drilling rigs and two hydraulic workover units. Credit: Satit Pecharut/Shutterstock.com. · Offshore Technology · Satit Pecharut/Shutterstock.com. Salong Debbarma Thu, June 4, 2026 at 9:04 PM GMT+7 2 min read Malaysia-based Velesto Energy’s subsidiary Velesto Sumber has won a contract for jack-up drilling rig services and related operations offshore Thailand from Northern Gulf Petroleum (NGP).

The contract involves the deployment of the NAGA 6 rig for a drilling campaign in the Gulf of Thailand.

The scope of the contract includes drilling four infill wells and three exploration wells, with options for up to two additional exploration wells. According to the company, operations under the contract are expected to begin in the third quarter of 2026.

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