(EnergyAsia, December 30, Wednesday) — Singapore-listed oil and gas services provider KS Energy Services has decided to undertake the overdue consolidation of its distribution businesses into a new $320 million entity called KS Distribution. (US$1=S$1.4). KS Energy will acquire the shares of 54.1%-owned subsidiary, Aqua-Terra Supply Co (ATS), and associate, SSH Corporation (SSH), with the…