Industry Leadership Velesto Energy Berhad is Southeast Asia's largest owner and operator of jack-up drilling rigs, with a strong regional presence across Malaysia, Indonesia, Vietnam, Philippines, and Thailand. This positions the company as a key partner for suppliers of drilling equipment, safety solutions, and operational technology aimed at scaling regional oil and gas exploration and production efforts.
Safety & Compliance Focus The company's recent partnership with Malaysia's Department of Occupational Safety and Health and multiple safety awards highlight its commitment to safety excellence. This focus on safety standards presents opportunities for vendors offering advanced safety management systems, training services, and safety equipment tailored for offshore drilling operations.
Innovation & Automation Velesto's collaboration with Petronas Ventures to implement rig mechanized automation and robotics indicates a strategic shift towards automation technologies. Suppliers specializing in robotics, automation software, and maintenance services could find valuable sales opportunities with Velesto as they modernize their drilling operations.
Regional Expansion With extensive experience in Southeast Asia and recent engagements in high-profile projects, Velesto is positioned for regional growth. This creates openings for equipment providers, engineering services, and supply chain partners seeking to support upcoming offshore drilling campaigns in a growing oil and gas market.
Technological Adoption Velesto's use of advanced digital tools such as Power BI, Google Analytics, and online platforms for safety and operational insights demonstrates a technology-forward approach. Companies offering analytics, digital twin, or data management solutions have an opportunity to collaborate with Velesto to enhance operational efficiency and decision-making.