KS Energy wins geothermal drilling contract

KS Energy wins geothermal drilling contract

KS Drilling’s subsidiary PT Atlantic Oilfield Services has won a $7m offshore drilling contract from an unnamed client for work in north Sumatra, Indonesia.

The contract is expected to commence in the middle of the fourth quarter this year and will continue for around six months, parent group KS Energy said in an exchange filing.

PT Atlantic Oilfield Services won a 14-month drilling contract for work in Indonesia in late August. Work is expected to commence in January 2017 and is valued at around $17.4m.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

Related Posts