EMAS has announced that subsea services division EMAS AMC and offshore support services division EMAS Marine have been awarded projects worth a combined US$110 million. These projects will be executed in the Gulf of Mexico and Asia-Pacific regions.
EMAS AMC's project wins come from a national oil company operating in the Gulf of Mexico for a SURF-type offshore installation project. The other project comes from an oil major operating in Asia for pipeline repair works.
Both projects are scheduled to commence before the end of 2013 and will be managed from the group's Houston and Singapore offices respectively.
EMAS Marine has also been awarded three new charters with a national oil company and an oil major in South-east Asia for two anchor handling supply tugs (AHTS) and a platform supply vessel (PSV). The contracts have an average tenure of around 3.5 years including options.
The group recently announced a record US$1.26 billion in revenue for its full year results in FY2013 and has approximately US$8 billion worth of projects being tendered. Its orderbook stands in excess of US$2 billion.
