EMAS Demonstrates All-round Strength

Press Release
Monday, January 14, 2013

More than US$160 million worth of contracts won by the subsea services, offshore support services divisions, and the energy services division.  Projects located in the North Sea and Asia Pacific


EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, has announced that its subsea services, offshore support services and energy services divisions (EMAS AMC, EMAS Marine and EMAS Energy respectively) have been awarded multiple contracts for projects in the North Sea and Asia Pacific.


EMAS AMC has been awarded several new contracts and options worth up to US$85 million in aggregate for several projects in the North Sea and Asia. This includes a project with an oil major in the Asia Pacific region worth up to US$45 million.


Other awards include a new subsea and moorings installation contract relating to a development project for an independent oil company in Malaysia as well as additional work in the North Sea from Statoil from the exercise of options and variation orders relating to existing subsea contracts announced in March 2012 and January 2012 respectively.


EMAS Marine has been awarded five contracts worth a total of approximately US$75 million (including options) from international and independent oil companies. These involve some of the division’s advanced 12,000 bhp Anchor Handling Tug and Supply vessels as well as a 3,250 dwt Platform Supply Vessel. The average tenor for all contracts is approximately 2.6 years including options.


EMAS Energy has won a multimillion-dollar contract to decommission a pipeline in the Gulf of Thailand for a major oil and gas operator. This award adds to EMAS Energy’s ongoing Plug and Abandonment/Decommissioning activities in the Gulf of Thailand, and entrenches its position as a significant offshore decommissioning services company in the region.


Mr Lionel Lee, EMAS’s Managing Director, said: “These project awards demonstrate our sustained commitment to the North Sea and Asia Pacific markets. They further serve as a vote of confidence on our execution ability, as well as strengthen our track record across our business lines. The consistent performance of our businesses will enable us to continue to deliver success in our internationalisation strategy as we embark on our third decade of operations.”

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Dynasafe Promotes Chas Reid

Dynasafe BACTEC Limited has appointed Chas Reid to International Marine Services Director.   Kevin Kneebone MD, Dynasafe BACTEC said, “Chas has over the last

Amazon Expands Logistics Reach in China

Amazon.com Inc is aggressively expanding its logistics operations in China as part of a broader effort to control the rising cost of shipping billions of packages.

OTC Names 2016 Award Winners

The 2016 Offshore Technology Conference (OTC) will honor this year’s Distinguished Achievement Award recipients on Tuesday, 3 May, in Houston.   As part of the

Contracts

US Contract for Next Generation Nuclear Sub Planning Program

The US Navy has awarded General Dynamics Electric Boat a $23.6 million contract to continue development work on the Ohio-class replacement nuclear submarine, General Dynamics said in a press release.

Bangladesh, Thailand Plans Direct Coastal Shipping

Bangladesh and Thailand are planning to launch direct coastal shipping, connecting the Chittagong Port in the Bay of Bengal with the Ranong Port in the East of

JFD Wins Lifeboat Design Contract for Flash Tekk

JFD, part of James Fisher and Sons plc, announced that it has won a contract with Singaporean company Flash Tekk Engineering for the design and manufacture of up

Energy

OTC Names 2016 Award Winners

The 2016 Offshore Technology Conference (OTC) will honor this year’s Distinguished Achievement Award recipients on Tuesday, 3 May, in Houston.   As part of the

Wood Group Extends North Sea Chevron Contract

Wood Group has secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea. Wood Group PSN (WGPSN) will deliver

QP, Chevron Ink Offshore Moroccan Deal

Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from

News

CMA-CGM and Cosco Alliance in the Offing?

The newly-formed shipping giant China Cosco Shipping Corporation and CMA CGM met recently in Shanghai to discuss the possibility of a new French-Asian alliance, say local Chinese media.

U.S. Okays ConocoPhillips LNG Exports

The U.S. Department of Energy has renewed authorization for liquefied natural gas (LNG) exports from the North Kenai ConocoPhillips facility, reports Reuters.   The

India to Import LNG from Australia

India may contract long-term supplies of liquefied natural gas (LNG) from Australia if price is comparable to Indian coal which remains the fuel of choice for power generation companies in New Delhi.

Offshore Energy

OTC Names 2016 Award Winners

The 2016 Offshore Technology Conference (OTC) will honor this year’s Distinguished Achievement Award recipients on Tuesday, 3 May, in Houston.   As part of the

Wood Group Extends North Sea Chevron Contract

Wood Group has secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea. Wood Group PSN (WGPSN) will deliver

QP, Chevron Ink Offshore Moroccan Deal

Qatar Petroleum has reached an agreement with Chevron Morocco Exploration Ltd., a subsidiary of Chevron Corporation, to acquire a 30% participating interest from

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Pipelines Pod Propulsion Port Authority Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1349 sec (7 req/sec)