EMAS AMC Clinches $110M Contracts for Work in Asia Pacific, Africa and GOM
EMAS, the operating brand of Singapore-listed Ezra Holdings, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, announced Tuesday that it has been awarded several projects around the world worth close to $110 million, including options.
The scope of work for the projects include the transport and installation of subsea structures in Africa, inspection, maintenance and repair work in the Gulf of Mexico, as well as support services for a deepwater project with an oil major in the Asia Pacific.
“I am very pleased and encouraged that EMAS AMC has continued its winning momentum globally.” said C.J. D’Cort, CEO of EMAS AMC.
“This comes on the back of successive operationally profitable quarters and as our extensive global client base is steadily endorsing our subsea capabilities. I am confident that EMAS AMC’s business will continue to grow in terms of contract value and project complexity in the coming years.”
The Group recently announced that its 9MFY14 revenue had crossed the $1 billion mark due to EMAS AMC’s strong operational performance, which in turn had boosted its contribution to overall revenue with an additional $200.6 million compared with the same period last year.
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