Ezion Holdings lands service rigs deal

OE Staff
Wednesday, January 13, 2016

Ezion Holdings Ltd. has secured an agreement to jointly market two service rigs being built by a Chinese state owned enterprise to support the offshore windfarm, oil and gas activities in the energy sector, announced Ezion Holdings board of directors.

Ezion Holdings will also provide the technical expertise for the operations and deployment of the two service rigs and has been granted options to purchase the service rigs.

The abovementioned agreement is not expected to have a material impact on Ezion Holdings' earnings per share or net tangible assets per share for the financial year ending 31 December 2016.

Categories: Activity Oil Asia Natural Gas Renewables Rigs

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