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Singapore: Ezra Strengthens Its Global Position

Posted on Jul 13th, 2012 with tags , , , , , , , .

Ezra Holdings Limited, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, has announced that it has won six contracts worth a total of approximately US$87 million.

The offshore support services division – 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 Ezra to ride demand for PSVs in these regions.

Mr Lionel Lee, Ezra’s Managing Director, said: “Asia and Africa represent two important regions in our global strategy. Our latest charter wins in these regions reinforce our position as an international leader in offshore support services.”

Source: ezraholdings, July 13, 2012

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