KS Drilling's Unit Secures $17.4M Drilling Contract in Indonesia

Singapore-listed KS Energy Ltd. announced Friday that PT Atlantic Oilfield Services, a unit of its subsidiary KS Drilling Pte Ltd. has secured a drilling contract in Indonesia, with work scheduled to commence in January 2017.

The company said the 14 month-long assignment has contract value of approximately $17.4 million.

KS Drilling, an 80.09 percent owned by KS Energy, focuses on the provision of onshore and offshore drilling services, rig management and support services, oilfield equipment ownership and leasing.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  LyondellBasell Plans Its Largest Inves... (Jul 21)
 -  Preparing a Mechanical Engineering Res... (Jul 19)
 -  Tesoro Signs Deal with Pemex to Enter ... (Jul 19)
 -  Irish Gas Grid Could Receive LNG from ... (Jul 19)
 -  What's It Take to Land a Job as a Petr... (Jul 14)


Most Popular Articles

From the Career Center
Jobs that may interest you
Casing Crew Pusher
Expertise: Floorhand / Roughneck|Roustabout
Location: Oklahoma City, OK
 
Tong Operator I
Expertise: Floorhand / Roughneck|Roustabout
Location: Oklahoma City, OK
 
CDS Technician I
Expertise: Floorhand / Roughneck|Roustabout
Location: Oklahoma City, OK
 
search for more jobs

Brent Crude Oil : $48.6/BBL 1.12%
Light Crude Oil : $46.34/BBL 1.24%
Natural Gas : $2.9/MMBtu 2.35%
Updated in last 24 hours