Looking for a specific product?

Make a search for products & suppliers, articles & news.

EMAS demonstrates all-round strength of its business divisions with multiple wins in subsea services

  • 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

SINGAPORE, 4 JANUARY 2013 - EMAS, the operating brand of Ezra Holdings, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, announced today 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.”

Associated companies:


Related news

Latest news

Hatteland Display Releases New Large Format 4K Screen

Hatteland Display Releases New Large Format 4K Screen for ECDIS and Bridge System Applications. The new 32” Ultra High Definition model enables multi-application data to be viewed clearly from a single operator station.

Deck Equipment Contract for Palfinger Marine

PALFINGER MARINE has signed a contract with Simek in Norway to deliver the complete winch package onboard their newbuilding 134, a longliner vessel.

New contract: Windcat 41 - no 17 in the Servogear series

Servogear announces the signing of a new contract with Windcat Workboats BV for the delivery of Servogear Controllable Pitch Propellers (CPP)  for their new vessel Windcat 41. 

Seacat Enterprise to be launched January 12th

Seacat Services, is preparing to launch its first High Speed Utility Vessel (HSUV), Seacat Enterprise at January 12th.

57 million NOK for innovation to combat poverty

Norsafe Signs Contract with the Swedish Coast Guard (KBV)

On Wednesday 21st December, Norsafe signed yet another new contract with the Swedish Coast Guard (KBV) to deliver nine new Magnum 750 MKII boats.

A Unique Second-generation Tomograph is Developed

A new gamma-ray tomograph designed to image up to 4” diameter pipes, is developed by CMR Prototech for the Saskatchewan Research Council (SRC) in Canada.

Sohome launches a new website

Sohome has launched a new website that makes it easier to find key information. 

Sohome AS receives orders for Johan Sverdrup Project

Sohome AS is proud to be a sub-contractor to Intelecom AS for the Johan Sverdrup Project.