The contract is over a three-year period with an additional two-year extendable option.
“The jack-up rig which will be deployed in the Arabian Sea in South Asia is expected to be working by the fourth quarter of 2013 after its refurbishment and upgrading,” Singapore-listed Ezion said.
The project will be funded through internal resources as well as bank borrowings.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.
Add Seatrade Maritime News to your Google News feed. |