EMAS secures projects totaling US$55 million

April 16, 2015

EMAS AMC won multiple new awards from various oil and energy companies worth approximately US$55 million, said the Singapore-based company in a statement.

Scope of work includes project support, inspection, maintenance and repair (IMR), subsea removal work of pipelines and structures, installation of buoys and lifting of structures and mattresses, as well as a front end engineering design (FEED) study.

“Amidst the volatile oil price environment and current headwinds faced by the oil and gas industry, we continue to show resilience with contract wins across the globe,” said Lionel Lee, group CEO and managing director.

“The spectrum of work also builds our global track record and demonstrates our subsea expertise and the capabilities of our project enabling assets.”

EMAS AMC now has a backlog of approximately $1.0 billion, with a majority of the contracts expected to be executed over the next 24 months.

Earlier this year, EMAS christened and named its $600 million subsea construction vessel Lewek Constellation. The christening was held in Schiedam, The Netherlands.

Lewek Constellation is equipped with an 800 mT Huisman multi-lay system that is able to support both rigid and non-rigid pipelines, a 3000 mT Huisman offshore heavy lift crane, two Schilling workclass remotely operated vehicles (WROVs) and a portable reel system, which reduces mobilization time.

Image: Lewek Constellation

Read more:

EMAS christens US$600 million subsea construction vessel



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