Singapore: Singapore-listed integrated offshore service provider Ezra Holdings has announced that the group’s subsea service division, EMAS AMC, has won multiple new contracts worth about $55m from a number of oil and energy companies.
Scope of work includes project support, inspection, maintenance and repair (IMR), subsea removal work of pipelines and structures, installation of buoys and lifting of structures and mattresses, as well as a pre-FEED study.
Work has commenced for several projects, with the others slated for offshore execution from the third quarter of 2015 onwards.
“Amidst the volatile oil price environment and current headwinds faced by the oil and gas industry, we continue to show resilience with contract wins across the globe. The spectrum of work also builds our global track record and demonstrates our subsea expertise and the capabilities of our project enabling assets,” said Lionel Lee, Ezra’s group ceo and managing director.
