EMAS wins $110m contracts

OE Staff
Tuesday, August 5, 2014

EMAS AMC, the subsea services division of Ezra Holdings, has been awarded several projects around the world worth close to US$110 million, including options.

The scope of work for the projects include the transport and installation of subsea structures in Africa, inspection, maintenance and repair work in the Gulf of Mexico, as well as support services for a deepwater project with an oil major in the Asia Pacific.

“I am very pleased and encouraged that EMAS AMC has continued its winning momentum globally,” said Lionel Lee, Ezra’s Group CEO and managing director.

“This comes on the back of successive operationally profitable quarters and as our extensive global client base is steadily endorsing our subsea capabilities, I am confident that EMAS AMC’s business will continue to grow in terms of contract value and project complexity in the coming years.”

The group recently announced that its 9MFY14 revenue had crossed the $1 billion mark due to EMAS AMC’s strong operational performance, which in turn had boosted its contribution to overall revenue with an additional $200.6 million compared with the same period last year.

Categories: Subsea Asia Gulf of Mexico Africa

Related Stories

Technip Energies Bags ‘Large Contract’ for FLNG Unit in Africa

Technip Energies Bags ‘Large Contract’ for FLNG Unit in Africa

Australian Engineering Firm Gets Work on Shell’s Crux Gas Platform

Australian Engineering Firm Gets Work on Shell’s Crux Gas Platform

Triton Anchor Gets Patents for Floating Renewables Anchoring Tech

Triton Anchor Gets Patents for Floating Renewables Anchoring Tech

Current News

Iberdrola Picks Up $4.9B to Finance 1.4GW UK Offshore Wind Farm

Perenco Brings Woodside’s Trinidad Oil and Gas Assets Into Its Fold

Vallourec Brings CNOOC, Petrochina as New Clients in Iraq

Germany’s SEFE Inks Three-Year LNG Supply Deal with ADNOC

Subscribe for OE Digital E‑News

Offshore Engineer Magazine