KS Drilling nets jack-up rig contract

Submitted by Editorial on Mon, 2015-03-09 12:19

09th March 2015

KS Energy has announced that its subsidiary PT Atlantic Oilfield Services, together with its joint operation partner Pertamina Drilling Services Indonesia, has been awarded a contract for the ‘KS Java Star’ jack-up drilling rig

PT Atlantic Oilfield Services is a subsidiary of KS Drilling, a privately owned international drilling company that is part of the KS EnergyGroup

Work is expected to begin in March 2015. The expected value of the new contract is approximately USD 7.2m.

The client was not named.

PT Atlantic Oilfield Services is a subsidiary of KS Drilling, a privately owned international drilling company that is part of the KS EnergyGroup. It specialises in shallow water and onshore drilling and our focus is to create value for its customers in the energy industry worldwide.

Headquartered in Singapore, KS Drilling believes in capturing new global opportunities for sustainable and profitable growth. It currently operate twelve land rigs in Indonesia, Pakistan, Kurdistan, Tunisia and three offshore drilling rigs in Vietnam, Indonesia and Egypt.