Ezion buys into Rotating Offshore Solutions

Ezion buys into Rotating Offshore Solutions

Singapore: Ezion Holdings has entered into a subscription agreement with Rotating Offshore Solutions (ROS) whereby it will take a 30% slice of the company for S$18m ($13.3m).

ROS is a private offshore engineering solution provider serving customers which include oil majors, FPSO owners and operators, and oilfield service companies.

“ROS’s existing business will create synergies between the Company and ROS to better support the company’s customers on their production support related activities in the offshore oil and gas industry,” Singapore-headquartered Ezion said in a release.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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