Ezra

Ezra: secured two contracts with major South Korean clients worth a combined ~US$200m. i) Ezra’s subsea division (EMAS AMC) was awarded an EPCIC (engineering, procurement, construction, installation and commissioning) contract in Asia by STX Offshore & Shipbuilding, for a turret mooring and subsea system for use in offshore Africa. The engg and project mgt work will commence immediately with offshore execution scheduled for 2015. ii) EMAS AMC has further entered into an agreement with Daewoo Shipping and Marine Engg (DSME) for one of its accommodation and hook up support vessels also for operations offshore Africa, expected to commence in 1Q14. The group celebrates its 20th anniversary in the global offshore industry today.