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Malaysia: Velesto secures long-term contracts from Sabah Shell Petroleum Company for Top Tension Riser services


04 Mar 2026

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Velesto Energy, through its subsidiary Velesto Workover Sdn. Bhd., has secured two contracts from Sabah Shell Petroleum Company Limited (‘SSPC’) to support SSPC’s deepwater operations offshore Sabah.

The contracts outline the provision of comprehensive maintenance services for Top Tension Risers (‘TTRs’) at SSPC’s Tension Leg Platform (‘TLP’) offshore Sabah. The scope will be delivered in partnership with Velesto’s principal, INVX Asia Pacific Pte. Ltd. (‘INVX’).

Megat Zariman Abdul Rahim, President of Velesto, said, 'We thank SSPC for their continued trust in Velesto. This reflects our expertise to support their offshore activities and our consistent focus on safe and efficient operations. These projects help support the Group’s long-term resilience by diversifying into a broader range of services.'

The multi-year contracts form part of Velesto’s continued progress to expand its integrated maintenance and engineering offerings within the upstream energy sector, in collaboration with its principal, INVX.

Original announcement link

Source: Velesto Energy





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