EMAS AMC scores a ‘Korean Double’ in Africa worth up to $200 million

11/9/2012

EMAS AMC scores a ‘Korean Double’ in Africa worth up to $200 million

SINGAPORE -- EMAS, an offshore contractor and provider of integrated offshore solutions, has secured two contracts with major South Korean clients worth a combined total of approximately $200 million.

EMAS’ subsea division was awarded an EPCIC contract in Asia by STX Offshore & Shipbuilding Co. for the engineering, procurement, construction, installation and commissioning of a turret mooring and subsea system for use offshore Africa. EMAS AMC’s scope includes the turnkey delivery of an external turret including the product swivel, a 3x3 anchor leg system, foundation piles, pipeline end manifold (PLEM), flowlines, risers, power cable and related subsea structures. The engineering and project management work will commence immediately with offshore execution scheduled for 2015.

Separately EMAS AMC has further entered into an agreement with DSME for one of its accommodation and hook-up support vessels also for operations offshore Africa. Offshore operations are expected to commence in the first quarter of 2014.

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