Ezra’s subsea services division wins contracts worth close to US$110 million
EMAS AMC, a subsea services division of Ezra Holdings Limited (“Ezra” or “the Group”), a leading contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, has been awarded several projects around the world worth close to US$110 million, including options, the Group said in a press release.
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.
The Group recently announced that its 9MFY14 revenue had crossed the US$1 billion mark due to EMAS AMC’s strong operational performance, which in turn had boosted its contribution to overall revenue with an additional US$200.6 million compared with the same period last year.
Founded in 1992, Ezra Holdings Limited (the "Company", and together with its subsidiaries, "Ezra" or the "Group") is a leading offshore contractor and provider of integrated offshore solutions which enjoys a unique position in the offshore oil and gas industry in that the Group offers solutions across a broad spectrum of the support supply chain, over the entire lifecycle of an oilfield. The wide range of services that Ezra offers includes subsea construction and maintenance, drilling support, towing and mooring, pipe and cable operations, high speed cargo and crew transportation. Under the EMAS branding, the Group operates globally with 16 offices spanning across the six continents. The Group is comprised of four business divisions – Subsea Services, Offshore Support Services, Production (through EOC Limited) and Marine Services.