Ezion secures $43.7 million charter contract to supply Service Rigs

4/17/2014

Ezion secures $43.7 million charter contract to supply service rigs

SINGAPORE -- The Board of Directors of Ezion Holdings reported that it has secured a charter contract with a value of approximately $43.7 mn over a 3-year period to provide a service rig to support a South Asian based national oil company.

The service rig, which will be deployed in the Arabian Sea in South Asia, is expected to be working by 1H 2015 after its refurbishment and upgrading.

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