Ezra announces $95m of new contracts

Singapore: Offshore services firm Ezra Holdings, today announced that the group has won contracts across its subsea services and offshore support services divisions totalling more than $95m including options.

Ezra’s subsea services arm, EMAS AMC, continues its recent momentum in the North Sea and Gulf of Mexico with a variety of cable lay and subsea installation contract wins for a total value of almost $40m.

The group’s offshore support services arm, EMAS Marine, was also awarded several contracts in Africa and Asia, with an aggregate value of more than $55m.

“I am delighted that our core divisions are strengthening their presence in all our target markets,” said Lionel Lee, Ezra’s group ceo.

With the latest wins, Ezra's orderbook stands at more than $2bn, with a majority expected to be executed over the next 12 to 18 months. [21/05/14]

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