Velesto Energy Bhd
Ng Niap Tong has a robust professional background in risk management and supply chain management, currently serving as the Head of Risk Management at Velesto Energy Berhad since January 2019. Ng has also held the position of Head of Division, Supply Chain at Velesto Energy Berhad since April 2016. Prior experience includes serving as Manager of Marine Spread at Ocean Technologies Geomatics Sdn Bhd from February 2015 to March 2016, and significant roles at Sapura Energy Berhad, including General Manager of Supply Chain and Head of Department for Internal Audit, from June 1998 to April 2014.
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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.