Ezion to take over rigs from distressed partner

Interim judicial managers of Singapore’s Swissco, a provider of offshore rigs and vessels, have decided to sell the company’s stake in three jointly-owned rigs to Ezion Holdings. Offshore Energy Today reported earlier this month that Swissco was in confidential discussions with Ezion Investments, a wholly-owned subsidiary of Ezion Holdings, regarding the sale of its joint ventures […]

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