Energy Drilling bags $87m rig contract

Singapore-based Energy Drilling, a subsidiary of SED Energy Holdings, has secured a letter of award from Carigali-PTTEPI Operating Company (CPOC) for a new drilling campaign worth approximately $87m in the Malaysia-Thailand Joint Development Area. The award covers a firm 30-month contract for the 2013-built tender-assist drilling rig T-16, including mobilisation fees, with options for up…