Leading Global Energy Player Picks EMAS AMC

EMAS, leading integrated support and marine services provider in the offshore oil and gas (O&G) sector and operating brand for Ezra Holdings Limited, has secured new subsea and offshore services contracts.

The project from Noble Energy is estimated at approximately US$88 million. Under this contract, EMAS' deepwater subsea services division (EMAS AMC) will install approximately 330km of umbilicals and subsea equipment, as well as deliver subsea suction piles and jumpers, for the Tamar development in the Mediterranean Sea (Tamar Project). The Tamar Project is expected to commence in the second quarter of 2012 (2Q12).

The umbilicals and subsea distribution equipment for the Tamar Project are being manufactured by the Aker Solutions Group at its well-equipped and modern plant in Mobile, Alabama in the United States. Ezra and Aker Solutions AS have entered into a five-year cooperation agreement in connection with the acquisition of Aker Marine Contractors AS (completed on 1 March 2011) and the Tamar Project is an example of a bundled solution for subsea equipment.

Mr Lionel Lee, the Managing Director of EMAS said:
'The Tamar Project positions us as a key contender in the global subsea and offshoreEMAS, leading integrated support and marine services provider in the offshore oil and gas (O&G) sector and operating brand for Ezra Holdings Limited secures new subsea and offshore services contracts from the world's top energy companies.
Source: EZRA