News, Oil & Gas

EMAS awarded US$110 million worth of new projects in subsea construction and offshore support services

Subsea Services division EMAS AMC continues to win key projects in Asia and Gulf of Mexico Offshore Support Services division, EMAS Marine adds three charters in South East Asia

EMAS, the operating brand of Ezra Holdings (“Ezra” or the “Group”), a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announced that its Subsea Services (EMAS AMC) and Offshore Support Services (EMAS Marine) divisions have been awarded projects worth US$110 million. These projects will be executed in the Gulf of Mexico and the Asia-Pacific region.

EMAS AMC’s project wins come from a national oil company operating in the Gulf of Mexico for a SURF type offshore installation project, while the other comes from an oil major operating in Asia for pipeline repair works. Both projects are scheduled to commence before the end of 2013, and will be managed from the Group’s Houston and Singapore offices respectively.

“I am delighted with the steady progress that EMAS AMC has made this year. Not only are we continuing our winning momentum, but we have also demonstrated that we have positively rebounded, and that project execution is reaching a higher level of operational efficiency,” said Mr Lionel Lee, Group CEO and Managing Director of EMAS.

 

To read more, please visit the EMAS website here.