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2014 April 14   10:18

Ezra and Noble Energy signs LoA for Gunflint Project in Gulf of Mexico

Ezra Holdings Limited (“Ezra” or “the Group”), a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, has received a Letter of Agreement (LOA) from Noble Energy for the Gunflint Project in the Gulf of Mexico (GoM), the Group said Friday in a press release.

Under the terms of the agreement Ezra’s Subsea Services division, EMAS AMC has been nominated to perform the offshore installation of pipelines, umbilicals and ancillary equipment for the Gunflint Project in the Mississippi Canyon area of the US GoM in water depths in excess of 2,000 metres. The pipelines will be installed with EMAS AMC’s flagship vessel the Lewek Constellation while the EMAS Marine Base in Ingleside, Texas will be used to perform the pipe stalking and fabrication of various subsea structures.

Project preparation activities have already commenced and offshore works are scheduled to be carried out during 2015.

“The Gunflint project is another significant milestone for us as it is a testament to the growth and current capabilities of EMAS AMC. It affirms that our combined engineering and asset capabilities, including our flagship construction vessel Lewek Constellation, are being endorsed by the industry to execute challenging subsea projects anywhere in the world," said Mr Lionel Lee, Group CEO and Managing Director of Ezra.

The Group has secured more than US$300 million subsea contracts since the beginning of 2014, with the subsea backlog standing at more than US$1.4 billion to date.

EMAS, a leading global contracting group providing offshore/subsea construction, marine, production and well intervention services, is Ezra’s operating brand. With offices across five continents, it delivers best-value solutions to the oil and gas (O&G) industry by combining its global footprint and proven engineering skills with a diverse offering of premium assets and services designed to fully meet clients’ needs.

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