Singapore: Ezra Holdings’ subsea services division, EMAS AMC, has won multiple new awards from various energy companies valued at more than $70m.
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 subsea expertise and placing their trust in our solutions and services. With this slate of multiple contracts that span across the US Gulf of Mexico and Asia Pacific regions, EMAS AMC is continuing its winning momentum and reaffirming our strategy on growing our subsea business,” said Lionel Lee, Ezra’s group ceo and managing director.
The group also reported today revenue growth of 18% to a record $1.5bn for the full year ended 31 August 2014. [24/10/14]