KS Energy

SINGAPORE (Mar 21): KS Energy announced Wednesday that KS Drilling Egypt Inc. has been awarded a US$4 million ($5.3 million) contract for its KS Medstar 1 jack-up drilling rig.

SINGAPORE (Aug 14): Energy services provider KS Energy Group announced a loss of $0.6 million for the 2Q17 ended June, narrowing significantly from the loss of $31.5 million posted in the same period a year ago.

SINGAPORE (July 13): KS Energy announced Thursday that a joint venture company of 80.09%-owned company KS Drilling will be refunded some $20.3 million paid in import duties and fines, after the Indonesian customs court last week accepted its appeal.

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SINGAPORE (April 8): KS Energy's executive chairman Kris Taenar Wiluan and his son, executive director Richard James Wiluan, have been questioned by the white collar crime unit Commercial Affairs Department. The elder Wiluan has posted bail while t

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SINGAPORE (April 4): KS Energy announced Tuesday that its subsidiary, KS Drilling Operating Company, has secured a US$11.1 million ($15.5 million) contract for the “KS Java Star 2” jack-up drilling rig.

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SINGAPORE (March 16): KS Energy on Thursday announced that subsidiary PT Petro Papua Energi has secured a US$4.8 million ($6.8 million) contract for the KS Discover 7 land drilling rig.

SINGAPORE (Nov 14): KS Energy saw 3Q losses widen to 30.5% to $26.5 million from a year ago on lower revenue.