Singapore’s Keppel FELS Limited (KFELS) has divested its entire 75% interest in ENSCO Enterprises Limited (JVC) for US$95 million in cash. The buyer is US-based ENSCO Offshore International Company (ENSCO), a subsidiary of ENSCO International Incorporated. Keppel said it made a net gain of US$13 million (US$1 = S$1.7) or 2.8 Singapore cents per Keppel…
SINGAPORE: Keppel FELS divests interest in rig for US$95 million
Posted on February 5, 2004 by EnergyAsia