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November 06, 2023

For further information, please contact:

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group ASA

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors. The group has offices in 39 countries worldwide and operates under four brands: ABL, OWC, Longitude and AGR.

ABL secures rig moving agreement with Velesto Drilling

Energy and marine consultancy ABL has been awarded a contract by Velesto Drilling to provide marine warranty survey (MWS) services relating to the rig operator’s rig moves offshore Malaysia.

ABL will also support Velesto Drilling with rig moves to adjacent countries, including Vietnam, Indonesia or Thailand, over a one-year period.

Under the new contract, ABL’s rig-moving surveyors in Malaysia are expected to survey and approve approximately 14-16 rig moves offshore Malaysia for Velesto Drilling’s six-rig fleet during the period.

Mohd Saifuddin Md Salleh

“Our Malaysian rig moving experts have a long history of supporting Velesto Drilling. To secure a new one-year contract is a testament to the mutual trust and positive working relationship our respective teams have built up over many previous rig moves.”

Mohd Saifuddin Md Salleh, Country Manager ABL Malaysia

ABL’s rig moving specialists provide all technical studies associated with rigs including leg penetration assessment (LPA), site specific assessment (SSA), leg punch-through assessment and leg extraction studies.

Simon Healy

ABL Malaysia’s operations, based in Kuala Lumpur will manage the contract, with local support from ABL’s offices in adjacent countries where Velesto Drilling may move to.

“Our extensive office network in the Asia Pacific region is a highly valuable resource base fir any offshore company with widespread geographical footprint in the region.”

Simon Healy, Regional Managing Director Asia Pacific ABL

ABL is part of Oslo-listed ABL Group ASA, an independent energy and marine consultancy group to the global renewables, maritime and oil and gas sectors.

* Title photo / thumbnail is a stock image – not related to any of the assets or operations mentioned in this PR.

Find out more about ABL’s work in Malaysia in rig moving and get in touch with the team:

Rig moving
ABL malaysia