Ezra Bags $300M Deals for Deepwater Projects in GOM, SE Asia, West Africa
Ezra Holdings Ltd., a Singapore-based contractor and provider of integrated offshore solutions to the oil and gas industry, bagged contracts, valued at around $300 million, from international oil majors for deepwater projects in the Gulf of Mexico, Southeast Asia and West Africa, with the latter being its largest project award ever.
The workscope for these new projects include project management, engineering, procurement, fabrication, construction as well as transport and installation of flexibles, umbilicals, flowlines, flowline-end terminals, flying leads and other equipment. In addition, Ezra will undertake hook-up of pre-laid mooring systems.
“We are delighted to have been selected for these projects ... Against the backdrop of such challenging and competitive industry conditions, these latest contract awards stand as exceptionally strong testaments to the market’s confidence in our team and our offerings ... and look forward to safely delivering on these projects on time and on target,” Lionel Lee, Ezra’s Group CEO and managing director, said in the press release.
The company revealed that project management and engineering work for the projects have commenced.
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