Asia

Ezion scores $148m rig deal from Central America

 

Singapore: Singapore offshore firm Ezion Holdings has announced that its jv with Kim Seng Holdings has landed a contract to provide a service rig to a Central American oil major.
 
The contract is over a seven year period with an approximate contract value of $148.6m and the rig will be deployed later this year in the Bay of Campeche.
 
The jv company is yet to acquire the rig which will be part internally and supplemented by a bank loan. [18/04/13]
 

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