Scott and English Energy’s four wholly-owned subsidiaries signed the $94.8m charter contracts

Under the two-year contracts, the company will deliver four mobile offshore drilling units for oil major to support oil and gas activities in Latin America.

The charters are conditional upon the delivery of mobile offshore drilling units to Scott and English Energy subsidiaries, the company said.

The charters are expected to have a positive impact on the group’s earnings per share and net tangible assets per share for the financial year ending 31 December 2014, upon deployment.

In addition to offering a comprehensive range of services including chartering services, maritime services, ship repair and maintenance services, Swissco provides chartering services to major oil companies, main offshore contractors, shipping companies and their agents for their logistic needs.

The company has operations in South East Asian countries as well as the Middle East.