News, Oil & Gas

EMAS AMC awarded US$126 million floater installation contract from Statoil

EMAS AMC awarded a contract for the transport and installation of floating storage units (FSUs) for the Heidrun and Mariner projects in the North Sea, with an option for a third FSU installation Project award continues EMAS AMC’s winning momentum...

EMAS AMC, the subsea services division of EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry and the operating brand of Ezra Holdings Limited, announced today that it has been awarded a transport and floater installation contract for two FSUs, with an option for a third, from Statoil for their Heidrun and Mariner fields. The contract is valued at approximately US$126 million1, including options.
Mr C.J. D’Cort, CEO of EMAS AMC, said: “We have had multiple contract wins since the beginning of 2013 for EMAS AMC in the North Sea. We are greatly encouraged by the momentum we have achieved, and are gratified by the show of confidence in us by oil operators there.

“These awards will further help to grow our track record for operating in one of the most challenging environments in the world. These wins, coupled with increased activity in the Gulf of Mexico and Africa, are a clear recognition of our ability to execute a variety of subsea projects across our key global business regions.”

 

 

To read the full press release, please visit the EMAS website here.