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Ezra secures combined contracts over US$300 million

Vincent Chia
Ezra secures combined contracts over US$300 million

Ezra Holdings Limited announced that it has finalised 3 contracts worth over US$300 million. The projects are for the engineering, procurement, construction and installation of subsea tie-backs for 3 oil fields in the US Gulf of Mexico. The LOI for the first of these 3 contracts was announced in Apr 2014. Work has already began on site and offshore execution is scheduled for 2015. It involves the fabrication of 16 subsea structures and the stalking and spooling of over 258km of line pipe. The execution will utilise 5 OSVs from Ezra. The customer is Noble Energy for whom Ezra had previously completed a project for.

GET TO THE POINT : From what we see in this piece of news, do a job well and your customer will look for you again and give you more work. Well done!

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