Ezra wins $125m in offshore and subsea contracts
Singapore's Ezra Holdings has bagged contracts worth more than $125m including options for offshore support work and subsea construction.
EMAS Marine, Ezra's offshore support services division, added contracts for offshore support work in Malaysia, Thailand and Australia with the deployment of two anchor handling tug supply (AHTS) vessels and one platform supply vessel (PSV).
EMAS AMC, the subsea services division, was awarded contracts to carry out subsea jobs in West Africa and Asia. The scope of work includes FPSO mooring repair work in West Africa, and the installation of flowlines, associated pipeline end terminations and spools in Asia.
Work for these projects is expected to start in the first quarter of 2014.
“The Asia Pacific region is an important market for us with offshore support, subsea construction and engineering activities expected to continue picking up as oilfield operators venture further offshore. With our strong roots here in Asia, we are well positioned to compete for the many upcoming projects in the region,” said Lionel Lee, ceo and managing director of Ezra.
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