EMAS Offshore has secured additional options for extension on an existing contract, as well as new awards for charters with an oil major and independent oil company in West Africa and Asia valued at more than US$33 million ($45.6 million) including options.
In West Africa, EMAS Offshore’s platform support vessel will be providing sea transportation services for an oil major.
In Asia, EMAS Offshore’s contract is with an independent oil company. The charter is for the provision of one anchor handling tug and supply and the scope of work includes transportation of personnel, materials and supplies and to provide storage for materials and supplies.
The average duration for the contracts is approximately 2.4 years including the extension on an existing contract and work is expected to commence in 1QFY2016.
“Our strategy to focus our bidding activities in West Africa will allow us to increase penetration in this market whilst maintaining dominance in Asia amidst this muted oil and gas environment,” says Captain Adarash Kumar, EMAS Offshore’s CEO.
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In West Africa, EMAS Offshore’s platform support vessel will be providing sea transportation services for an oil major.
In Asia, EMAS Offshore’s contract is with an independent oil company. The charter is for the provision of one anchor handling tug and supply and the scope of work includes transportation of personnel, materials and supplies and to provide storage for materials and supplies.
The average duration for the contracts is approximately 2.4 years including the extension on an existing contract and work is expected to commence in 1QFY2016.
“Our strategy to focus our bidding activities in West Africa will allow us to increase penetration in this market whilst maintaining dominance in Asia amidst this muted oil and gas environment,” says Captain Adarash Kumar, EMAS Offshore’s CEO.
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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