Ezra Holdings’ subsea services division, EMAS AMC, has won multiple new awards from various oil and energy companies worth approximately US$55 million.
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The Lewek Constellation. From EMAS. |
The scope of work includes project support, inspection, maintenance and repair (IMR), subsea removal work of pipelines and structures, installation of buoys and lifting of structures and mattresses, as well as a pre-FEED study.
Work has already begun for several projects, with the others slated for offshore execution from 3Q 2015 onwards.
The group has secured a healthy backlog of approximately $2.3 billion, with a majority of the contracts set to be executed over the next 24 months. Since the beginning of 2015, Ezra has announced some $550 million project wins across the group.
“Amidst the volatile oil price environment and current headwinds faced by the oil and gas industry, we continue to show resilience with contract wins across the globe,” says Lionel Lee, Ezra’s group CEO and managing director. “The spectrum of work also builds our global track record and demonstrates our subsea expertise and the capabilities of our project enabling assets.”
In March, EMAS AMC named its flagship ice-classed, multi-lay offshore construction vessel, the Lewek Constellation. The vessel will begin work for Noble Energy in the Gulf of Mexico.
Read more:
Lewek Constellation officially christened
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