Singapore: Singapore offshore firm KS Energy has announced that its Indonesian subsidiary, PT Atlantic Oilfield Services together with its joint operation partner Pertamina Drilling Services Indonesia, has been awarded a short term contract for the KS Java Star jack-up rig.
The contract is valued at around $7.2m according to the company, and work is expected to begin this month.
KS Java Star was re-fitted at Keppel FELS shipyard in October 2012, and deployed on a two year contract to Indonesia’s West Madura oilfield, located off the coast of Java.
KS Energy, via 80% owned subsidiary KS Drilling, operates six offshore rigs and twelve onshore rigs.