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Keppel Throws Lifeline to Struggling Oil Explorer KrisEnergy

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File photo: REUTERS/Edgar Su/FilesSINGAPORE, Nov 3 (Reuters) – Rig builder Keppel Corp said on Thursday it would subscribe to a bond offer by KrisEnergy Ltd, potentially increasing its majority holding and throwing a lifeline to the debt-laden oil and gas explorer. Keppel said it would subscribe to an up to S$140 million ($101 million) preferential offering of zero-coupon […]

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