Offshore Incident: Velesto’s Jack-Up Rig Tilts, Submerges Off Sarawak, Malaysia

A jack-up rig owned by Malaysian drilling contractor Velesto tilted and submerged at a location offshore Sarawak, Malaysia on Tuesday, the rig owner said.”The Board of Directors of Velesto Energy Berhad […] regrets to inform that an incident involving one of our rigs…

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