Ezra division EMAS wins US$70m subsea contracts
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EMAS AMC, the subsea division of offshore services provider Ezra Holdings, has won subsea contracts worth nearly US$70 million, including work with a new client in the Middle East.
This new client is a Middle Eastern national oil company. The company's scope of work includes the lift of nearly 3,000 tonnes of offshore structures, such as topsides, a jacket, flare and structure, and a helideck, said the company in a Singapore Exchange filing on Monday before the market opens.
In addition, its pipelay and construction vessel Lewek Constellation will be involved in the removal of existing spools, installation of new ones and connecting 16 inch flowlines to a new platform in the Middle East. It will be managed out of EMAS AMC's regional headquarters in Oslo, with work scheduled to begin in the second quarter of 2016.
In Asia, EMAS AMC will be doing the transportation and installation of nearly 10km of pipelines for another national oil company. The project will be managed out of Singapore, and will also begin in the second quarter of 2016.
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