Malaysia’s Kejuruteraan Samudra wins Sudan drilling rig contract

KUALU LUMPUR, Dec 3 (AFX) — Kejuruteraan Samudra Timur Bhd said its unit KST Drilling Technologies (M) Ltd has been awarded a provisional contract to supply a drilling rig and associated services to an onshore oil project in Sudan.

It said KST was awarded the two-year contract by White Nile (5B) Petroleum Operating Co Ltd, which operates Sudan’s onshore 5A, 5B and 8 blocks.

The contract provides for an option to extend for one year.

Over a three-year period the contract is expected to generate revenue of about 17.0 mln usd or 65.0 mln rgt.