Ezra bags more wins

More contracts: Ezra chief executive Lionel Lee

Singapore’s Ezra has managed to snatch another $110 million worth of contracts through its subsea services division, Emas.

These wins span the globe, with one coming from Africa, one from the Gulf of Mexico and one in the Asia Pacific.

The work scope for these projects includes transportation and installation of subsea structures in the African contract, maintenance and repair work in the Gulf and support services for a deepwater project in the Asia Pacific.

Ezra chief executive Lionel Lee said this would provide another strong base for the company as it moves forward.

“This comes on the back of successive operationally profitable quarters and as our extensive global client base is steadily endorsing our subsea capabilities, I am confident that Emas’ business will continue to grow in terms of contract value and project complexity in the coming years,” he said.

Ezra recently announced its 9-month revenue to the end of July cross the $1 billion, due to the company’s “strong operational performance”.

The company is now heading down the path of consolidating its businesses.

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