<p>Malaysia&#8217;s Velesto Energy has agreed to terminate a contract without cause for one of its drilling rigs. Velesto said it has terminated the contract for the provision of Naga 8 jackup drilling rig services for PC Ketapang II, PC North Madura II, and Petronas North Ketapang. The client agreed to terminate the contract, awarded in &#8230;</p> </p><p><p>https://splash247.com/jackup-contract-cut-short-as-velesto-seeks-new-work/</p></p>