Velesto Energy pulls plug on jackup sale

Splash 24714 Jul 2026Macro
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Malaysia’s Velesto Energy has terminated the sale of one of its jackups to PT Indonesia Drilling Energy. The deal for the sale of the 2010-built Naga 3 jackup was agreed in mid-December 2025 for a cash consideration of $63m. Velesto said at the time that the sale was in line with the company’s ongoing fleet …