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2012 April 4   06:34

Ezion inks service rig charter contract

Offshore services firm Ezion secured a charter contract worth approximately $80m over a four-year period to provide a service rig for a national oil major, Seatrade Asia online reports. The service rig, expected to be ready by the fourth quarter of this year after its refurbishment and upgrading, will be deployed in the Sonda de Campeche field in Central America.
“The above mentioned project will be funded through internal resources as well as bank borrowings,” Singapore-listed Ezion said in a statement.

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