Ezra’s subsea services division clinches $87.92m worth of contracts

From independent oil majors and contractors globally.

Ezra Holdings revealed in a filing to the SGX that its subsea services division, EMAS AMC, has secured multiple contracts from various energy companies valued at more than $87.92m (US$65 million).

Scope of work includes project management, engineering, and transportation and installation works for a floating production storage offloading (FPSO) vessel in Africa, as well as various engineering and offshore construction support contracts.

Work on the various project activities has commenced with offshore execution taking place in 2015 and 2016.

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