Singapore: Offshore firm Ezion Holdings has announced it has won two service rig contracts valued at $78.7m.
One contract, with a Middle Eastern company, is for the three year charter of a service rig to be deployed in the Arabaian Gulf and is valued at $35m. The other is with a South Asian based national oil company, and is also for a three year charter of a service rig to be deployed in the Arabian Sea, valued at $43.7m.
Both rigs are expected to be deployed and working within the first half of 2015. [16/04/14]