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    Ezra seals AMC acquisition and wins Statoil contract

    Company News // March 4, 2011

    The deepwater subsea services arm (EMAS AMC) of Ezra Holdings Limited has amde a promising start as 2011 with the completion of its acquisition of Aker Marine Contractors (AMC) and the award of a contract from Norway's Statoil estimated at approximately US$41 million.

    Ezra, which operates in the offshore market under the EMAS brand name, successfully
    completed the acquisition of AMC from Aker Solutions AS (a subsidiary of Oslo Bǿrslisted Aker Solutions ASA) on 1 March 2011.

    With the established SURF and floater installation company EMAS AMC now has a
    comprehensive offering that includes the installation of subsea/SURF products and
    equipment, and the provision of EPIC solutions.

     

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