Under the contract, Velesto’s NAGA 4 jack-up rig will undertake drilling activities for more than 40 wells. Operations are expected to begin in first-half 2026.

Operators keen to electrify offshore processes as part of efficiency drive in bid to reduce maintenance and downtime, says ...

GATE Energy and HD Hyundai Heavy Industries sign strategic MOU for offshore EPC and commissioning collaboration. Find the latest news from the maritime industry on the PortNews website.