Ezra’s subsea arm and LTHE win Saudi Aramco offshore contract
EMAS AMC, the subsea services division of Ezra Holdings, in a consortium with Larsen & Toubro Hydrocarbon Engineering (LTHE), has signed a deal with Saudi Aramco for work on offshore facilities in the Middle East.
The agreement is over a period of six years, with exercisable options to extend for another six years, Singapore’s Ezra announced on Wednesday.
Under the long term agreement, LTHE and EMAS AMC will execute offshore projects with Saudi Aramco that include work such as project management, engineering, procurement, fabrication, transportation and installation works (EPCI) of offshore facilities such as platforms, pipelines, submarine cables and other offshore services.
Lionel Lee, group ceo and managing director of Ezra, said the long term agreement “is aligned with our subsea strategy of focusing our capabilities and expertise where tendering activities remain robust.”
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