Velesto Energy Bhd
Oong Yan Mak has extensive experience in the oil and gas industry, working in various roles such as Rig Manager, Rig Asset Manager, Assistant General Manager, Business Development and Commercial, and more. They have been involved in leading teams, managing budgets, optimizing costs, and overseeing various aspects of operations. With a Bachelor of Science in Marine Technology from UTM, Oong Yan Mak has demonstrated expertise in asset management, operations, drilling equipment maintenance, and workforce planning. They have a track record of successful project delivery, cost optimization, and implementing new systems to improve asset management within the companies they have worked for.
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Velesto Energy Bhd
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Velesto Energy Berhad, formerly UMW Oil & Gas Corporation Berhad, is a Malaysia-based investment holding company. The Company is engaged in providing corporate management, administrative and professional services, as well as financial support to its subsidiary companies. Its segments include drilling services, oilfield services and others. Its drilling services segment provides drilling services and workover rig services to the upstream oil and gas sector. The oilfield services segment provides oil country tubular goods (OCTG) threading, repair and inspection services. The others segment is involved in investment holding, provision of support services, management and corporate services. The drilling services segment owns and operates several drilling rigs and hydraulic workover units (HWUs), and acts as an agent for two providers of specialized equipment and service. The rigs are chartered out to oil companies for their exploration, development and production activities.