Of the total consideration, $3.5 million is for the remaining 50% stake in Strategic Offshore Limited (SOL), which owns three rigs assets: GSP Atlas, GSP Orizont and GSP Fortuna.
SINGAPORE (March 28): Ezion this morning announced that it had acquired the remaining 50% interest in its existing joint venture with Swissco for a total cash consideration of $5 million.
(See also: Ezion acquires existing JVs & assets in efforts to improve earnings)
