Swissco and Ezion may lock horns over US$522k claims
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Singapore
SWISSCO Holdings looks set to lock horns with Ezion Holdings over some US$522,000 in claims that the latter is seeking over various rig joint ventures.
Ezion, which has offered to buy out the 50:50 joint-venture rigs with Swissco's subsidiary Scott and English Energy Pte Ltd (S&E), has served three statutory demands on S&E.
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