Ezra Holdings Limited says that the Group’s Subsea Services division, EMAS AMC, has secured multiple contracts from various energy companies valued at more than US$65 million (including options).

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.

“Despite the current headwinds faced by the oil and gas industry, our tendering activities remain healthy,” said Mr Lionel Lee, Ezra’s Group CEO and Managing Director.

Tags: Ezra Holdings Limited