Singapore: EMAS AMC, the subsea services division of Singapore-listed Ezra Holdings, is to charter four vessels from EMAS Offshore for deployment in West Africa.
The contract, which is worth around $30m and includes options, was won through a competitive tender process.
An accommodation barge, a platform support vessel (PSV) and anchor-handling tugs (AHTS) will be chartered to EMAS AMC in the contract to provide support for an unnamed oil major at an offshore oilfield in West Africa.
The average contract duration for the contract is approximately 1.3 years (including options) and work is expected to commence in the fourth quarter of this year, EMAS Offshore said in filing to the Oslo stock exchange today.
“We have identified West Africa as a target region for our growth and I am delighted to see that strategy coming to fruition. Moreover, we see this win as an opportunity to showcase the synergy between EMAS AMC and EMAS Offshore to create even more value for our clients,” said Jon Dunstan, EMAS Offshore’s CEO.
