Velesto, PETRONAS, NOV ink MoU on drilling rig automation, robotics

Quick Summary:

KUALA LUMPUR: Velesto Energy Bhd via its subsidiary Velesto Drilling Sdn Bhd has inked a memorandum of understanding with Petroliam Nasional Bhd (PETRONAS) via Malaysia Petroleum Management, and National Oilwell Varco LP (NOV) to implement rig mechanised automation processes and integrate robotics into drilling operations.

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Under the MoU, PETRONAS will provide steer and operational guidance on the deployment of this technology to ensure the deployment of Novos and robotics aligns with its strategic goals.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Nov Automation Corporate News Robotics Drilling /Business/Business News PETRONAS Velesto

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 13:28:00 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 144 words

Reading Time: 1 minutes read

Sentences: 7 lines

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Copyright Owner: © The Star

News ID: 23714018

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