Ezra Holdings’ subsea services division, EMAS AMC, has finalised a contract with BHP Billiton for the Angostura phase 3 development offshore Trinidad and Tobago in the eastern Trinidadian sector of the Venezuela basin.
The total scope of work includes project management, fabrication, construction and installation of 12-inch flowlines along with a complete subsea package comprised of control umbilicals and detailed engineering, construction and installation of the pipeline end manifold (PLEM) and inline sled (ILS) for the Angostura phase 3 field development located approximately 35km northeast of Trinidad and Tobago.
Engineering and procurement are under way from EMAS AMC’s Houston office with fabrication of the subsea structures and stalking and spooling of flowlines to be carried out at EMAS Marine Base facility in Ingleside, Texas. Offshore execution is scheduled for mid-2016.
Ezra recently signed a binding Memorandum of Understanding for Chiyoda Corporation to invest in Ezra’s Subsea Services business, EMAS AMC, to form EMAS CHIYODA Subsea, a 50:50 joint venture.
Ezra shares last traded at 13.3 cents.
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The total scope of work includes project management, fabrication, construction and installation of 12-inch flowlines along with a complete subsea package comprised of control umbilicals and detailed engineering, construction and installation of the pipeline end manifold (PLEM) and inline sled (ILS) for the Angostura phase 3 field development located approximately 35km northeast of Trinidad and Tobago.
Engineering and procurement are under way from EMAS AMC’s Houston office with fabrication of the subsea structures and stalking and spooling of flowlines to be carried out at EMAS Marine Base facility in Ingleside, Texas. Offshore execution is scheduled for mid-2016.
Ezra recently signed a binding Memorandum of Understanding for Chiyoda Corporation to invest in Ezra’s Subsea Services business, EMAS AMC, to form EMAS CHIYODA Subsea, a 50:50 joint venture.
Ezra shares last traded at 13.3 cents.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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