Pipelay Vessel Sets Tension Record during Trials
, rendering this the highest tension ever experienced in the history of rigid reeled-lay operations, according to EMAS AMC. “Successfully laying the test pipe at this record-breaking top tension during pipelay trials is a significant achievement for EMAS and an industry first,” said Lionel Lee, Chairman, EMAS AMC. "It's a testament to the experience and expertise of our people combined with the quality of our new vessel built by EMAS Group’s subsidiary TRIYARDS in Vietnam. I want to acknowledge the hard work and dedication of our integrated project teams in preparation for
Ezra Wins $110m Deepwater Brazilian Contract
Jurong Shipyard. “This contract highlights our diverse capabilities in the offshore oil and gas industry. We acquired LMC back in 2008 to enhance our engineering capabilities for the offshore oil and gas value chain, and this has enabled more business opportunities for us,” commented Mr Lionel Lee, CEO and Managing Director of Ezra Holdings Limited. “We are very excited about this opportunity to work with Jurong Shipyard, OneSubsea, OOGTK and, of course, Petrobras on this very important project.” Engineering and project management are currently underway in the Group&rsquo
Ezra Bags $70m in Offshore Contracts
our subsea expertise and placing their trust in our solutions and services. With this slate of multiple contracts that span across the US Gulf of Mexico and Asia Pacific regions, EMAS AMC is continuing its winning momentum and reaffirming our strategy on growing our subsea business,” said Mr Lionel Lee, Ezra’s Group CEO and Managing Director. The Group also reported today revenue growth of 18% to US$1.5 billion for the full year ended 31 August 2014 (“FY14”), at the back of five recurring quarters of operational profitability contributed by EMAS AMC, setting another new record
Ezra Reports another Quarter of Growth
her first heavy-lift project, before sailing to the Netherlands for the installation of her multi-lay system tower. The group’s Offshore Support Services division, EMAS Marine, saw 9M14 revenues dipped slightly by $5.3 million as a result of leased-in vessels being returned to their owners. Lionel Lee, Ezra’s Group CEO and Managing Director, said, “I am pleased that the group has delivered four quarters of operational profitability, driven by the strong growth momentum of EMAS AMC. Our investment into expanding our engineering capabilities and effective deployment of our subsea vessels
Singapore's Ezra Holdings Profits Rocket
heavy-lift project, before sailing to the Netherlands for the installation of her multi-lay system tower. The Group’s Offshore Support Services division, EMAS Marine, saw 9M14 revenues dipped slightly by US$5.3 million as a result of leased-in vessels being returned to their owners. Mr. Lionel Lee, Ezra’s Group CEO and Managing Director, said: “I am pleased that the Group has delivered four quarters of operational profitability, driven by the strong growth momentum of EMAS AMC. Our investment into expanding our engineering capabilities and effective deployment of our subsea vessels
Ezra to Consolidate EMAS Marine into EOC
of the strongest and most powerful in the region, with capabilities to operate globally at ultra-deep water depths. “By bringing together EMAS Marine and EOC, Ezra has created an offshore solutions provider in the region that is ahead of its peers in terms of fleet capabilities,” said Lionel Lee, Ezra’s Group CEO and Managing Director. “This move allows us to capitalize on investors’ growing interest for exposure in the different segments of the offshore oil and gas sector, and at the same time, meet increasing demand for newer offshore support vessels (OSVs) with
EMAS Wins Subsea Projects Worth More han $125M
for us as it strengthens our presence in West Africa and growing leadership in Asia. The subsea project in the South China Sea is also a clear recognition of the deepwater pipelay capabilities of our subsea team and our key assets here in Asia,” said EMAS’s Group CEO and Managing Director, Lionel Lee. “The Asia Pacific region is an important market for us with offshore support, subsea construction and engineering activities expected to continue picking up as oilfield operators venture further offshore. With our strong roots here in Asia, we are well positioned to compete for the many
Singapore's Ezra Holdings Bag US$125-Million Subsea Contracts
us as it strengthens our presence in West Africa and growing leadership in Asia. The subsea project in the South China Sea is also a clear recognition of the deepwater pipelay capabilities of our subsea team and our key assets here in Asia,” said Ezra’s Group CEO and Managing Director, Mr Lionel Lee. www.emas.com
EMAS Wins Nearly $80m in Subsea Projects
of the contracts is expected to commence by the first half of 2014. “We are extremely pleased with these contract wins, which allows us to showcase the breadth of capabilities that EMAS AMC possesses as well as our global reach,” said EMAS’s Group CEO and Managing Director, Lionel Lee. “It is an auspicious start to the new year. We are seeing a good pick up of activities in the key regions where we are focused on, and we are well-positioned to take advantage of the upturn in 2014.” The group said it began the year with strong top-line growth with operational profitabil
February 2025
