SINGAPORE & HOUSTON - Saturday, October 11th 2014 [ME NewsWire]

    Combined contracts valued in excess of US$300 million1
    First Deepwater Pipelay project for flagship vessel Lewek Constellation
    Total scope includes over 80 miles (130 km) of Pipe-in-Pipe (PiP) flowlines and over 56 miles (100 km) of umbilicals in water depths up to 7,200 ft (2,200 m)
    Offshore work will commence in 2015 using five EMAS AMC offshore construction vessels

(BUSINESS WIRE) -- EMAS AMC, the subsea division of EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announced that it has finalised three contracts with Noble Energy worth a combined total of over US$300 million.

The scope of work includes engineering, procurement, construction and installation of subsea tie-backs for the Big Bend, Dantzler and Gunflint (announcement dated April 11, 2014, “Ezra Scores Award From Noble Energy For The Gunflint Project In The Gulf Of Mexico”) field developments in the US Gulf of Mexico.

The project management, engineering and procurement are well underway from EMAS AMC’s Houston office with fabrication of the 16 subsea structures and stalking and spooling of over 160 miles (258 km) of line pipe in progress at the recently upgraded EMAS Marine Base facility in Ingleside, Texas.

Offshore execution is scheduled for 2015, utilising five of EMAS AMC’s offshore construction vessels including the newbuild, ultra-high tension, deepwater, reel lay and heavy lift vessel the Lewek Constellation.

“We are extremely pleased that our flagship vessel, the Lewek Constellation, our people and our growing capabilities have been selected by the Noble Energy team on these important projects and we will be looking forward to partnering with Noble Energy on their future projects,” said Mr C.J. D’Cort, Chief Executive Officer, EMAS AMC.

“We are proud to be awarded these three key projects and the successful execution of these projects is extremely important to both Noble Energy and EMAS AMC. A genuine partnership approach has been established between the project teams to ensure that the projects are performed safely and successfully,” said Dr. Chris Tam, Regional Head of EMAS AMC’s Houston Office.

About the Group www.emas.com

EMAS – a leading global contracting group providing offshore/subsea construction, marine, production and well intervention services – is Ezra’s operating brand. With offices across five continents, it delivers best-value solutions to the oil and gas (O&G) industry by combining its global footprint and proven engineering skills with a diverse offering of premium assets and services designed to fully meet clients’ needs.

Operating in unison, Ezra’s core divisions are able to execute a full spectrum of seabed-to-surface engineering, construction, marine and production services anywhere in the world.

EMAS AMC is a global EPCIC service provider of comprehensive subsea-to-surface solutions for the offshore oil and gas industry, especially in the SURF and Subsea Tie-Back sector. Core business services include subsea installation of umbilicals/power cables, pipelines as well as platforms, FPSO and floater installations.

EMAS Marine, under subsidiary company EMAS Offshore Limited, manages and operates a young, versatile fleet of advanced offshore support vessels, offering an extensive range of maritime services that cater to the client’s needs throughout a field’s life cycle.

EMAS Production, also under subsidiary company EMAS Offshore Limited, owns and operates cutting-edge FPSO (floating production, storage and offloading) facilities, offering services that support the post-exploration needs of offshore fields, such as FPSO conversion management.

TRIYARDS is fast becoming an acknowledged leader in developing advanced and customised solutions for world-class vessels. By focusing on sophisticated platforms and equipment that can tackle even the most complex offshore projects, it has already established itself as a front runner in the fabrication of SEUs (self-elevating, mobile offshore units). TRIYARDS provides its integrated engineering, ship construction and fabrication services out of three yard facilities located in Vietnam and the US.

1 Contract size of US$300 million is inclusive of the LOA announced on April 11, 2014, “Ezra Scores Award From Noble Energy For The Gunflint Project In The Gulf Of Mexico”

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Contacts

EMAS AMC

Jeanne Righter, +1 832-276-6166

Alex Tan, +65 6512 8824

ir@emas.com

www.emas.com