(EnergyAsia, July 24, Tuesday) — Singapore-listed KS Energy Services Limited said it has acquired a 300-feet jack-up drilling rig for US$108.1 million from the Egyptian Drilling Company (EDC). KS Energy expects to take possession of the rig in early 2008.EDC was formed as a joint venture between the Egyptian General Petroleum Corporation and Denmark’s A.P….

This article is for Subscriber members only.
Register
Already a member? Log in here