Singapore-listed offshore services provider, EMAS Offshore has secured a contract in West Africa worth over USD30 million, including options.
According to the company’s filing to the Singapore Exchange, the contract is part of a larger project awarded to EMAS AMC, the Subsea Services division of Ezra Holdings for the charter of multiple vessels to an oil major in West Africa, and was awarded following a competitive tender process.
Under the contract, EMAS Offshore will charter four marine vessels including an accommodation barge, platform supply vessel, and anchor handling tug supply to EMAS AMC, to provide accommodation, anchor handling, towing, supplying, and other support services. Moreover, EMAS Offshore will participate in a major maintenance, modifications and operations project under the contract. Work is scheduled to commence in the fourth quarter, with average duration of approximately 1.3 years, including options.
The contract win is in line with the company strategy of expanding its presence in West Africa.
“We have identified West Africa as a target region for our growth and I am delighted to see that strategy coming to fruition. Moreover, we see this win as an opportunity to showcase the synergy between EMAS AMC and EMAS Offshore to create even more value for our clients.” said Jon Dunstan, CEO of EMAS Offshore.