Four wholly - owned subsidiaries of Scott and English Energy Pte Ltd have ente red into charter contracts worth a total of approximately US $94.8 million, Swissco said in its press release. The contracts will last for up to a period of 2 years , providing four mobile offshore drilling units to be used by an oil major to support its oil and gas activities in Latin America.
The charters are conditional upon the delivery of such mobile offshore drilling units to the subsidiaries of Scott and English Energy, which is a subsidiary of the Group.