Ezion secures a contract of USD 63.9 million to provide a service rig to support an oil major in the Middle East

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.