KUALA LUMPUR: Velesto Energy Bhd (VEB) has secured a contract worth RM60mil from Petronas Carigali Sdn Bhd for the provision of plug and abandonment integrated services for Tembungo A & B oilfields.
In a filing with Bursa Malaysia, VEB said Velesto Workover Sdn Bhd (VWO), a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn Bhd (VMV), which in turn is a wholly-owned subsidiary of VEB secured the contract from Petronas Carigali.,
,telegram群组索引（www.tg888.vip）是一个Telegram群组分享平台，飞机群组内容包括telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容，为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
The duration of the contract is for 21 months for Tembungo A, tentatively from May 2022 until January 2024, with a 12 months extension option.
The contract duration for Tembungo B is tentatively from January 2024 until December 2024.
VEB said the contract is expected to contribute positively towards the earnings and net assets of the VEB group in the financial year the works are performed by VWO during the duration of the campaign.