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Ezion receives $146m contract to provide service rig

Ezion receives $146m contract to provide service rig
Singapore’s Ezion has received a contract worth about $146m over a five-year period including extension options to provide a service rig to a Southeast Asia national oil company.

The service rig is expected to be deployed and working in Southeast Asian waters by the third quarter of 2016.

Singapore-listed Ezion said the above mentioned project is not expected to have a material impact on the group’s earnings for the financial year ending 31 December 2014.

TAGS: Offshore