OIL and gas services company KS Energy on Wednesday posted a bigger net loss for the second quarter, hit by a S$55 million write-off of assets under construction.

(July 5): Investors cheered at the start of July, after the US and China called for another truce while trade talks resumed. There was little in terms of concrete details. US President Donald Trump agreed to hold off on his threats to impose tariffs on the remaining US$300 billion ($406.9 billion) ...

SINGAPORE (June 28): Energy services providerKS Energy announced it has secured two contracts worth US$23.9 million ($32.4 million). The first contract was awarded to a consortium of PT Atlantic Oilfield Services, a subsidiary of KS Drilling and and PT Java Star Rig, a joint venture of KS Drillin...

ENERGY services provier KS Energy's unit KS Drilling and port machinery and heavy marine equipment manufacturer Shanghai Zhenhua Heavy Industries (ZPMC) have terminated with immediate effect their new build contract for the KS Java Star 3 rig after discussions between the two.

Submitted By:  Arianna Danganan Case Study:  No It will charter a semi-submersible drilling rig in Indonesia in H2 2019. A consortium of PT Java Star Rig, a joint v...

ENERGY services provider KS Energy's independent auditor, KPMG LLP, has expressed doubts over the company's ability to continue as a going concern.