Japan's Chiyoda and Singapore-based Ezra's EPCIC service provider EMAS AMC officially launched a 50-50 joint venture called EMAS Chiyoda Subsea, which will begin operations on 1 April 2016. The companies signed a binding memorandum of…
2015 truly was the year of ups and downs. At the start of the new year the price of oil tumbled to just below the US$50/bbl mark and by 31 December it rested at just under $40, at $37.04/bbl. However, it is not known what true bottom is for the market…
Both maintaining and launching new offshore production is high on the agenda in the Middle East, not least in Saudi Arabia, the UAE and Iran. IHS’ Mirzi Moralde outlines current activity in the region. Total’s…
Ezra Holding appointed group founder Lee Kian Soo as its non-executive chairman after Koh Poh Tiong steps down with effect from 1 February 2016. Soo has been in the shipping and offshore support services industry for more than 40 years…
Ezra Holdings announced that it has received approval from shareholders for its proposed 50:50 subsea joint venture with Chiyoda Corp. At the company’s extraordinary general meeting (EGM) held today, 99.97% of shareholders voted in support…
Noble Energy has commenced production from the Big Bend oil development in Mississippi Canyon 698 of the deepwater Gulf of Mexico. Noble and partners expect the single-well field to reach a maximum gross production rate of approximately 20…
EMAS Offshore secured additional options for extensions on an existing contract, as well as new awards for charters with an oil major and independent oil company in West Africa and Asia valued at more than US$33 million (including options)…
Ezra Holdings Ltd., announced its Subsea Services division EMAS AMC has successfully completed the first two of three Noble Energy-operated subsea tieback projects in the US Gulf of Mexico. Image…
Ezra Holdings Ltd. announced the stepping down of Capt. Adarash Kumar from the board of Ezra as an executive director, as well as the cessation of his position as chief operating officer (CEO) effective 25 September 2015. Kumar will take up the role of CEO at EMAS Offshore Ltd…
Ezra’s subsea services division, EMAS AMC, finalized a contract with BHP Billiton for the Angostura phase 3 development offshore Trinidad and Tobago in the eastern Trinidadian sector of the Venezuela basin. The total scope of work includes the project management…
EMAS Offshore secured three new awards for charters with oil majors in West Africa and Thailand valued at more than US$24 million (including options). In West Africa, EMAS Offshore’s anchor dandling tug and supply (AHTS) vessel will be…
Norwegian yard Westcon has been awarded a contract by Subsea 7 to deliver equipment to be used on the Martin Linge field. Westcon's contract with Subsea 7 covers three riser bases and associated protection structures, to be used on Total's Martin Linge field…
Douglas-Westwood (DW) forecast in their new World Offshore Accommodation Market Forecast that, during the period 2015 to 2020, demand for offshore accommodation vessels will average almost 42,000 personnel on board (PoB) per year, which represents…
EMAS Offshore secured a US$30 million contract for support services off West Africa. Under the job scope, four of EMAS Offshore’s marine vessels, including an accommodation barge, PSV and AHTSs, will be chartered to EMAS AMC, to provide accommodation…
EMAS AMC’s subsea construction vessel, the Lewek Constellation, established an industry record for pipelay in the US Gulf of Mexico (GoM) in 7368ft (2246m) of water during her sea trials. The Lewek Constellation…
