Ezra seals AMC acquisition and wins Statoil contractCompany 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.