EMAS Marine, the offshore support services division of Ezra Holdings Limited has won six contracts worth a total of approximately US$87 million.
EMAS Marine has been awarded new charters for both platform supply vessels (PSVs) and anchor, handling, towing and supply (AHTS) vessels. The charterers include oil majors, an independent exploration & production (E&P) company and oilfield services companies.
The contracts have a total value of approximately US$87 million, with an average tenure of around two years (including options). With deployments to Asia and Africa, these charters allow EMAS Marine to ride demand for PSVs in these regions.