SLB, Velesto Join Forces to Boost Rig Performance in Malaysia [Yahoo! Finance]
Pedevco Corp. (PED)
NASDAQ:AMEX Investor Relations:
pacificenergydevelopment.com
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Source: Yahoo! Finance
SLB SLB, an American oilfield services company, has partnered with Velesto Drilling, a subsidiary of Malaysia's Velesto Energy, to revolutionize rig capabilities through advanced digital solutions. This collaboration is aimed at enhancing drilling performance and reducing emissions, leveraging cutting-edge technology, to address industry challenges. SLB and Velesto Sign MoU for Digital Innovation The memorandum of understanding (MoU) was signed during an event in Monaco, marking the beginning of a three-year partnership between the companies. SLB will deploy its DrillOps Intelligent Well Delivery and Insights Solutions along with its Drilling Emissions Management Solutions on Velesto's rigs in Malaysia. This collaboration is expected to improve the technical capabilities of Velesto's rig operations, enhancing safety and efficiency. According to Megat Zariman Abdul Rahim, president of Velesto, this agreement represents a "significant shift" in the company's approach to drilling.
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News
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- PEDEVCO Announces Appointment of New Chief Executive Officer, New Chief Commercial Officer, and Board of Director ChangesAccesswire
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- PEDEVCO Corp. (NYSE: PED) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
PED
Earnings
- 11/14/24 - Beat
PED
Sec Filings
- 12/20/24 - Form 8-K
- 12/20/24 - Form 424B5
- 12/11/24 - Form 8-K
- PED's page on the SEC website