Ezion Bags $79M Charter Contracts to Supply Service Rigs

Singapore-based offshore services provider Ezion Holdings Limited reported Tuesday that the it has bagged two charter contracts, valued at $78.7 million, to supply service rigs to two different companies for work in the first half of 2015.

The first service rig will, upon completion of its refurbishment and upgrading, be deployed to the Arabian Sea in South Asia to support a South Asian based national oil company under a three year charter contract worth about $43.7 million.

Separately, Ezion secured a three year charter contract with a value of around $35 million to provide a service rig for use by a Middle Eastern state-linked company to support its oil and gas activities in the Arabian Gulf. The service rig is expected to be deployed for work in offshore oil and gas fields in the Arabian Gulf by the first half of 2015 after it completes refurbishment and upgrading.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Niko Closes Sale of North Ganal PSC Of... (Feb 11)
 -  Nobel Upstream to Acquire 7.59% Stake ... (Feb 10)
 -  Aker to Deliver Johan Sverdrup Concept... (Feb 10)
 -  Magseis, BGP Awarded Red Sea Seismic S... (Feb 10)
 -  Seanamic Group Expands Umbilicals Busi... (Feb 10)


Most Popular Articles

From the Career Center
Jobs that may interest you
Mechanic
Expertise: Mechanic
Location: Midland, TX
 
Operator, Pipeline (Houston, TX)
Expertise: Instrumentation Technician
Location: Houston, TX
 
Mechanic
Expertise: Mechanic
Location: Midland
 
search for more jobs

Brent Crude Oil : $30.84/BBL 1.71%
Light Crude Oil : $27.45/BBL 1.75%
Natural Gas : $2.05/MMBtu 1.91%
Updated in last 24 hours