The Board of Directors of Ezion Holdings Limited announces that it has secured a charter contract wit h a value of approximately USD 63.9 million over a 5 year period to provide a service rig to be used by an oil major to support its oil & gas activities in the Middle East, the company said in its press release. The Service Rig is expected to be deployed and work ing in the offshore oil & gas fields in the Middle East before end 2014 after its refurbishment and upgrading.
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