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Ezion in talks with Swissco interim JMs to buy out 4 rigs

Ezion is the backer for loans tied to these units, but could face difficulties keeping the rigs employed
Wednesday, March 8, 2017 - 05:50

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Oilfield services provider Ezion Holdings is understood to be in final talks with the interim judicial managers (IJMs) of Swissco Holdings, to take over four rigs co-owned by joint ventures between the two parties at a total consideration of over US$16 million.

Singapore

OILFIELD services provider Ezion Holdings is understood to be in final talks with the interim judicial managers (IJMs) of Swissco Holdings, to take over four rigs co-owned by joint ventures between the two parties at a total consideration of over US$16 million.

The

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