EMAS awarded $110 million worth of new projects
SINGAPORE – EMAS' Subsea Services (EMAS AMC) and Offshore Support Services (EMAS Marine) divisions have been awarded projects worth $110 million. These projects will be executed in the Gulf of Mexico and the Asia-Pacific region.
EMAS AMC’s project wins come from a national oil company operating in the Gulf of Mexico for a SURF type offshore installation project, while the other comes from an oil major operating in Asia for pipeline repair works. Both projects are scheduled to commence before the end of 2013.
Adding to EMAS’ contract wins, EMAS Marine has been awarded three new charters with a national oil company and an oil major in southeast Asia for two anchor, handling, towing and supply (AHTS) vessels and a platform supply vessel (PSV). The contracts have an average tenure of around 3.5 years, including options.