Ezra Holdings
Encyclopedia
Ezra Holdings
Ltd also know under their operating brand name of EMAS is an integrated offshore support solutions provider for the oil and gas industry. The business was founded in 1992 and is headquartered in Singapore
. Ezra was listed on the Singapore Exchange Securities Trading Limited ("SESDAQ") and promoted to Mainboard on 8 December 2005.
,
EMAS is now an offshore service provider, with offices in 16 locations across 5 continents - a leader in Asia and a global player in the offshore oil and gas industry.
, through EMAS, operates four main business segments that together have the ability to execute a full spectrum of life-of-field engineering, construction, marine and production services throughout the world.
EMAS Energy provides well intervention and drilling services both onshore and offshore, offering fully integrated solutions that combine its marine assets with cutting-edge intervention equipment
and services. The range includes workover, drilling, fluid pumping, nitrogen and pipeline & process services.
EMAS Marine manages and operates a young and diverse fleet of anchor handling, towing & supply vessels, anchor handling tugs, platform supply vessels and fast crew utility boats. These
vessels support the O&G industry in a wide range of offshore operations throughout the oilfield life cycle.
EMAS Production, under approximately 46.5%-owned EOC Limited, owns and operates FPSO
facilities, offering services such as FPSO conversion management and the operation & maintenance of production facilities. It has the capability and track record to design and provide FPSO/FSO mooring & riser systems and turrets, and fluid transfer systems.
The Group offers offshore fabrication and construction, logistics, engineering and support services out of Vietnam from its yard facilities in Ho Chi Minh City and Vung Tau, as well as in Hinna, Norway and Houston, USA.
EMAS recently said that it aims to win around $300 million of new subsea service contracts in Asia by April as the depletion of shallow fields in the region results in more deepwater drilling projects.
EMAS says to buy Aker Marine for $325 million.
Ezra Holdings
Ezra Holdings Ltd also know under their operating brand name of EMAS is an integrated offshore support solutions provider for the oil and gas industry. The business was founded in 1992 and is headquartered in Singapore...
Ltd also know under their operating brand name of EMAS is an integrated offshore support solutions provider for the oil and gas industry. The business was founded in 1992 and is headquartered in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
. Ezra was listed on the Singapore Exchange Securities Trading Limited ("SESDAQ") and promoted to Mainboard on 8 December 2005.
History
EMAS was founded in 1992 by Mr Lee Kian Soo. Headquartered in SingaporeSingapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
,
EMAS is now an offshore service provider, with offices in 16 locations across 5 continents - a leader in Asia and a global player in the offshore oil and gas industry.
- 1992 Founded. Incorporated EMAS Offshore to provide management and operation of offshore support vessels
- 2003 Launch of Initial Public Offering (IPO)Initial public offeringAn initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
in Singapore - 2005 Acquisition of Vietnam Fabrication Yard, Asian Technical Maritime Services Ltd (ATMS) through wholly owned subsidiary HCM Logistics Limited & Promoted to SGX Main Board
- 2007 Buys strategic stake of 21.83% for S$16.5m in SGX-listed Nylect Technology Limited to extend its oil & gas support services activities
- 2008 Listing of Production & Construction division, EOC Limited, on the Mainboard of the Oslo Stock Exchange raising approximately US$ S$260 million
- 2011 Acquisition of Aker Marine Contractors AS (AMC) from Aker Solutions AS (a subsidiary of Oslo Bǿrslisted Aker Solutions ASA)
- 2011 Singapore's EMAS wins three charters worth $73 million
The Company
Ezra HoldingsEzra Holdings
Ezra Holdings Ltd also know under their operating brand name of EMAS is an integrated offshore support solutions provider for the oil and gas industry. The business was founded in 1992 and is headquartered in Singapore...
, through EMAS, operates four main business segments that together have the ability to execute a full spectrum of life-of-field engineering, construction, marine and production services throughout the world.
EMAS Energy provides well intervention and drilling services both onshore and offshore, offering fully integrated solutions that combine its marine assets with cutting-edge intervention equipment
and services. The range includes workover, drilling, fluid pumping, nitrogen and pipeline & process services.
EMAS Marine manages and operates a young and diverse fleet of anchor handling, towing & supply vessels, anchor handling tugs, platform supply vessels and fast crew utility boats. These
vessels support the O&G industry in a wide range of offshore operations throughout the oilfield life cycle.
EMAS Production, under approximately 46.5%-owned EOC Limited, owns and operates FPSO
Floating Production Storage and Offloading
A floating production, storage and offloading unit is a floating vessel used by the offshore industry for the processing of hydrocarbons and for storage of oil. A FPSO vessel is designed to receive hydrocarbons produced from nearby platforms or subsea template, process them, and store oil until it...
facilities, offering services such as FPSO conversion management and the operation & maintenance of production facilities. It has the capability and track record to design and provide FPSO/FSO mooring & riser systems and turrets, and fluid transfer systems.
The Group offers offshore fabrication and construction, logistics, engineering and support services out of Vietnam from its yard facilities in Ho Chi Minh City and Vung Tau, as well as in Hinna, Norway and Houston, USA.
Latest News
EMAS AMC has been awarded a contract to carry out offshore installation services for US supermajor Chevron in the Gulf of Thailand.Management
Mr Lee Kian Soo serves as Executive Chairman of EMAS while Mr Lee Chye Tek Lionel serves as the Managing Director of EMAS. As Managing Director, Mr Lionel Lee manages its business and oversees day-to-day operations.Deep Water (EMAS AMC Division)
EMAS recently announced the completion of the acquisition of Aker Marine Contractors (AMC) of Houston in March 2011. The acquisition propels EMAS into the top ranks of the global SURF/EPIC services market.EMAS recently said that it aims to win around $300 million of new subsea service contracts in Asia by April as the depletion of shallow fields in the region results in more deepwater drilling projects.
EMAS says to buy Aker Marine for $325 million.