Staff Reporter
,
Singapore
Work will begin this month.
Mainboard-listed KS Energy has clinched a $9.9m (US$7.2m) contract for the construction of a jack-up drilling rig.
The contract was awarded to its subsidiary t PT Atlantic Oilfield Service together with its joint operation partner, Pertamina Drilling Services Indonesia.
Work is expected to begin in March 2015. The new contract is not expected to have any material effect on the earnings per share and net tangible assets per share of the Company for the financial year ending 31 December 2015.
Join Singapore Business Review community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!