Pipelay Vessel Sets Tension Record during Trials
EMAS AMC’s flagship construction vessel, Lewek Constellation, sets industry record during sea trials in the Gulf of Mexico EMAS AMC, the subsea division of EMAS, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, announced that its flagship subsea construction vessel, Lewek Constellation, has established an industry record for pipelay in the U.S Gulf of Mexico (GOM). In preparation for the execution of three subsea tie-back projects for Noble Energy, Lewek Constellation performed her final pipelay trial in the U.S. GOM in 7
Ezra Bags $70m in Offshore Contracts
Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division, EMAS AMC, has won multiple new awards from various energy companies valued at over US$70 million. The scope of work includes subsea installation of umbilicals, flowlines and jumpers, as well as provision of services to support rigs. Work has commenced for several projects, with the others slated for offshore execution from Q4 2014 to Q2 2015. “I am delighted to see that our customers are leveraging our
Ezra Reports another Quarter of Growth
Ezra Holdings Limited, a contractor and provider of integrated offshore solutions to the oil and gas industry, achieved a record revenue of $1 billion for the nine months ended May 31, 2014 (9M14), a 24% increase from $842.9 million in the previous corresponding period (9M13). revenue for the three months ended May 31, 2014 (3Q14) has also outperformed previous year (3Q13), increasing 27% to $402.1 million. Adjusted EBITDA for the group grew 144% to $125.4 million and adjusted profit after tax turned from a loss of $43.5 million in 9M13 to a profit of $25 million in 9M14. EMAS AMC, Ezra’s
Singapore's Ezra Holdings Profits Rocket
division EMAS AMC demonstrates continuous operational profitability Stabilising EMAS Marine platform with new contracts momentum in 3Q14 Focus on Subsea Services business with the consolidation of EMAS Marine into EOC Limited Ezra, a leading contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, adds that it achieved a record revenue of US$1 billion for the nine months ended 31 May 2014 (“9M14”), a 24% increase from US$842.9 million in the previous corresponding period (“9M13”). Revenue for the three months ended
EMAS AMC Installs 50 Platforms for Chevron
EMAS AMC, the subsea services division of EMAS, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry has achieved the milestone of installing 50 platforms for Chevron in the Gulf of Thailand. Under a multiyear contract that commenced in 2011, EMAS AMC has also laid 376km of subsea pipes utilizing the construction vessel Lewek Champion, a DP2 rigid pipe laying vessel with heavy lift capabilities. Chevron has since extended the contract to 2015 with a further option thereafter. In 2014, EMAS AMC is expected to install 25 pipelines and 10 platforms
EMAS Wins Subsea Projects Worth More han $125M
EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the group has been awarded subsea construction and offshore support contracts in Asia Pacific and West Africa with a combined value exceeding $125 million, including options. Following contract wins in January, EMAS AMC continued its momentum with subsea contracts awarded in West Africa and Asia, including a deepwater pipeline installation project in the South China Sea. The scope of work includes FPSO mooring repair work in West
EMAS AMC’s Flagship Vessel Contracted
EMAS AMC, the subsea services division of EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry and the operating brand of Ezra Holdings Limited, has announced that it has been awarded a major contract by Houston based VAALCO Gabon (Etame) Inc. for the expansion of the Etame Marin Field Offshore Gabon in West Africa. The scope of work encompasses the EPIC of rigid pipelines along with the transportation and installation of flexible pipelines and two fixed production platforms. This contract will see EMAS AMC’s
EMAS Awarded $505 Million in New Projects
EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, announced that its Subsea Services (EMAS AMC) and Offshore Support Services (EMAS Marine) divisions have been awarded projects worth approximately $505 million. These projects will be executed in the North Sea, Africa, the Gulf of Mexico and the Asia-Pacific region. EMAS AMC has received a letter of intent for a $120 million project offshore West Africa in 2014 utilizing its flagship vessel, the Lewek Constellation together with the Lewek Express.
EMAS AMC Partners with Cecon for Pipelay Work
Lewek Centurion (formerly Caesar) to install pipelines in support of existing Cecon projects. EMAS AMC, the subsea services division of EMAS, a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry and the operating brand of Ezra Holdings Limited, announced that its pipelay vessel, the Lewek Centurion has been contracted by Cecon in the North Sea for some 60 kilometers of pipeline installation work, in support of Cecon’s 2013 project commitments currently in-hand. Both parties have expressed a shared commitment to explore further
February 2024
