Ezion Holdings to Provide Liftboat for South East Asian Oil Company

Ezion Holdings to Provide Liftboat for South East Asian Oil Company

The Board of Directors of Ezion Holdings Limited announced that it has received a letter of intent with a contract value of up to approximately USD 45.3 million over a 2 year period to provide a Liftboat to be used by a South East Asian based national oil company to support its oil & gas activities.

The Liftboat is expected to be deployed and working in South East Asian waters by the 3rd Quarter of 2013 after its final commissioning and completion.

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Ezion Holdings, February 28, 2013