Velesto Energy Berhad (“Velesto” or the “Group”), through its subsidiary Velesto Workover Sdn. Bhd., has secured two multi-year contracts from Sabah Shell Petroleum Company Limited (SSPC) to support deepwater operations offshore Sabah.
The contracts cover comprehensive maintenance services for Top Tension Risers (TTRs) at SSPC’s Tension Leg Platform (TLP), with the work to be delivered in partnership with Velesto’s principal, INVX Asia Pacific Pte. Ltd. (INVX).
Megat Zariman Abdul Rahim, President of Velesto, said the award reflects SSPC’s confidence in the company’s capabilities. “We thank SSPC for their continued trust in Velesto. This demonstrates our expertise in supporting offshore operations and our ongoing commitment to safe and efficient practices. These projects also strengthen the Group’s long-term resilience by diversifying our range of services,” he said.
The contracts form part of Velesto’s strategy to expand its integrated maintenance and engineering offerings in the upstream energy sector. Working closely with INVX, Velesto aims to continue growing its portfolio of specialised offshore services, reinforcing its position as a trusted partner for energy operators in the region.
