Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By


KS Energy units sign drilling deal while cancelling Cosco newbuild

The Singapore-listed parent group announced a $2.5m contract award to a jack-up rig, KS Medstar 1, in Egypt but has said its drilling unit has cancelled a newbuild contract for a second rig, KS Orient Star 2, by ‘mutual’ agreement with Cosco Shipyard

Oil and gas services company KS Energy expects to write off $26.8 m in costs relating to the construction of the KS Orient Star 2

Related Content





Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts