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Velesto Energy Berhad

Founded by : Badrul Rahim, 1 January 2002

Malaysia
Energy Equipment & Services
50 to 250 employees
https://velesto.com

About the Company

Velesto Energy Berhad, a Malaysian-based multinational enterprise, specializes in offering a comprehensive spectrum of services catering to the upstream segment of the oil and gas industry. Established in 1988 and headquartered in Kuala Lumpur, the company's extensive service portfolio includes drilling services for exploration and production wells, completion and production services for oil and gas wells, well intervention solutions such as workovers and repairs, oilfield rental services encompassing rigs and equipment, as well as training and consultancy services tailored for the oil and gas sector. Bolstered by a team of seasoned and adept professionals well-versed in the intricacies of the oil and gas domain, Velesto Energy Berhad distinguishes itself as a member of the Malaysian Oil and Gas Services Council (MOGSC), signifying unwavering commitment to the industry's highest standards of safety and quality. Founded on a robust legacy dating back to 1988, the company operates across Malaysia, Indonesia, Vietnam, and Thailand, rendering it a pivotal player in the Southeast Asian oil and gas services arena, supported by a workforce of over 1,000 employees, affirming its capability to undertake and excel in large-scale projects.

Industry Type

According to the GICS (Global Industry Classification Standard) version of March 2023, Velesto Energy Berhad’s industry classification falls within the following categories:
  • Sector: Energy
  • Industry group: Energy
  • Industry: Energy Equipment & Services
  • Sub-Industry: Oil & Gas Equipment & Services
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Company Address

Level 18, Block 3A, Plaza Sentral, Jalan Stesen Sentral 5, 50470 Kuala Lumpur, Malaysia

Source : Google maps

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