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EMAS's Subsea Construction Division EMAS AMC Awarded Contract by BP in the Gulf of Mexico.

* Second contract awarded by BP to EMAS AMC to perform subsea work in the Atlantis field

* Award further strengthens EMAS AMC's position in the Gulf of Mexico

SINGAPORE -- EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry and operating brand for Ezra Holdings Limited (Ezra or the Group), today announces that its subsea construction division, EMAS AMC, has been awarded a contract by BP Exploration & Production, Inc. ("BP"). EMAS AMC will perform subsea work in the Atlantis field located in Green Canyon block 743 in the Gulf of Mexico.

The project scope consists of the installation and replacement of subsea equipment comprised of manifolds, PLEMs (Pipeline End Manifolds), jumpers and associated hardware in 6,800 feet of water, as well as assisting BP with complete commissioning and start-up activities.

EMAS AMC's CEO, Mr. C J D'Cort, said: "This project award is in recognition of our expertise in the deep water subsea installation market."

This is the second contract awarded by BP to EMAS AMC for work on the Atlantis field. The first project was completed in 2010 along with the installation of subsea hardware for BP's Thunder Horse project. EMAS AMC's regional headquarters in Houston will execute the planning and installation activities for the BP project during the first half of 2012.

ABOUT THE GROUP www.emas.com SGX mainboard listing: December 2005

EMAS - a leading global offshore contractor providing construction, marine, production and well intervention services - is the operating brand for Ezra Holdings Limited. Adept in delivering best-value solutions, EMAS has entrenched itself as a powerful adjunct in the oil and gas (O&G) industry by combining its customised approach with a diverse offering of assets and services designed to fully meet clients' needs. It operates globally with offices in 16 locations across five continents spanning Africa, the Americas, the Asia-Pacific and Europe.

Having completed the acquisition of Aker Marine Contractors AS in 2011, the Group has added one of the world's leading SURF (subsea umbilicals, risers & flowlines) and floater installation providers to its fold. Ezra, through EMAS, operates four main business segments that together have the ability to execute a full spectrum of seabed-to-surface engineering, construction, marine and production services throughout the world.

Amplifying the broad assets and services offered by EMAS, the technical strength and service record at EMAS AMC will allow the Group to provide comprehensive offshore seabed-to-surface construction services to the O&G industry globally. The service offerings include subsea construction, IMR (inspection, maintenance & repair), floater and FPSO (floating, production, storage & offloading) installation, SURF installation, pipelay & heavylift, floatover installation and decommissioning.
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Comment:EMAS's Subsea Construction Division EMAS AMC Awarded Contract by BP in the Gulf of Mexico.
Publication:Business Wire
Geographic Code:9SING
Date:Oct 28, 2011
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