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KS Drilling
Company in the news
KS Energy directors, CEO, resign following appointment of judicial managers
According to an SGX filing, the costs of the application will be paid out of the assets of KS Energy and KS Drilling.
October 14, 2020
Contracts
KS Energy secures $8.3 mil contract extension for drilling rig
SINGAPORE (Dec 19): KS Energy has been awarded a contract extension worth US$6.1 million ($8.3 million) for the KS Java Star 2 jack-up drilling rig, the company announced Thursday.
December 19, 2019
Deals, joint ventures & alliances
Loss-making KS Energy secures 2 contracts worth US$24 mil
SINGAPORE (June 28): Energy services providerKS Energy announced it has secured two contracts worth US$23.9 million ($32.4 million).
June 28, 2019
KS Energy unit wins US$5 mil drilling rig extension contract
SINGAPORE (Apr 6): KS Energy’s PT Petro Papua Energi has been awarded a US$5 million ($6.6 million) extension contract for the KS Discoverer 6 land drilling rig in Indonesia.
April 06, 2018
KS Energy unit wins US$4 mil contract for jack-up drilling rig
SINGAPORE (Mar 21): KS Energy announced Wednesday that KS Drilling Egypt Inc. has been awarded a US$4 million ($5.3 million) contract for its KS Medstar 1 jack-up drilling rig.
March 21, 2018
KS Energy unit wins customs court appeal; to be refunded $20.3 mil
SINGAPORE (July 13): KS Energy announced Thursday that a joint venture company of 80.09%-owned company KS Drilling will be refunded some $20.3 million paid in import duties and fines, after the Indonesian customs court last week accepted its appeal.
July 13, 2017
KS Energy wins $15.5 mil drilling rig contract in Vietnam
SINGAPORE (April 4): KS Energy announced Tuesday that its subsidiary, KS Drilling Operating Company, has secured a US$11.1 million ($15.5 million) contract for the “KS Java Star 2” jack-up drilling rig.
April 04, 2017
KS Energy unit wins $6.8 mil drilling rig contract
SINGAPORE (March 16): KS Energy on Thursday announced that subsidiary PT Petro Papua Energi has secured a US$4.8 million ($6.8 million) contract for the KS Discover 7 land drilling rig.
March 16, 2017
KS Energy unit secures $23 mil drilling contract in Indonesia
SINGAPORE (Aug 19): KS Energy on Friday announced that PT Atlantic Oilfield Services, a subsidiary of KS Drilling, has been awarded a US$17.4 million ($32.4 million) drilling contract for work in Indonesia.
August 19, 2016
Hot Stock
Cosco gains 4.7% on oil tanker delivery
SINGAPORE (May 17): Shares of Cosco Corp are up 4.7% to 33.5 cents after the shipbuilder delivers one vessel but announces a delay in the delivery of a drilling rig.
May 17, 2016