KS Drilling

KS Energy directors, CEO, resign following appointment of judicial managers - THE EDGE SINGAPORE

Company in the news

KS Energy directors, CEO, resign following appointment of judicial managers

KS Energy’s executive director and CEO Richard James Wiluan, along with the company’s independent directors Chew Choon Soo, Lawrence Stephen Basapa and Soh Gim Teik have resigned on Oct 13.

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.

Deals, JVs and alliances

Loss-making KS Energy secures 2 contracts worth US$24 mil

SINGAPORE (June 28): Energy services provider KS Energy announced it has secured two contracts worth US$23.9 million ($32.4 million).

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.

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.

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 Ind

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

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.

KS Energy

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 I

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.

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