Ezra wins cable installation contract from ABB

Contracts, Tenders and Rates - September 11, 2012

Ezra Holdings Limited has announced that its subsea construction division, EMAS AMC, has been awarded a contract by ABB, pursuant to an arrangement of strategic cooperation for subsea installation, for the installation of subsea power cables.

This is part of ABB's second contract with Statoil, to supply subsea HVDC Light transmission systems to the Troll A platform in the North Sea.

The Troll A concrete deepwater structure is the world's largest natural gas production platform at 473m high and weighing 1.2 million tonnes. The platform can produce as much as 120 million cubic meters of natural gas per day and contains approximately 40 per cent of the natural gas reserves on the Norwegian Continental Shelf.

"We are pleased to have been awarded the subsea power cable installation job at Troll. This demonstrates EMAS AMCLs ability to deliver high-end installation services catering to the offshore energy industry by utilising our advanced installation assets and strong engineering capabilities," said Svein Haug, Regional Head for EMAS AMC Europe and Africa.

The scope of work for EMAS AMC is to install one HVAC subsea cable and two circuits of HVDC subsea cables from Troll A to the land station, Kollsnes.

The platform has received power from shore since 2005. The increase in power provided by the new cables will provide power to run two compressor drive systems, which will improve production capacity and extend the lifespan of the platform.

Cable installation operations will be performed during the second quarter of 2014, using EMAS AMC's Lewek Connector (formerly named AMC Connector), currently the world'fs largest cable installation vessel in terms of size and payload capacity.

EMAS AMC currently has a long-term agreement with ABB for Lewek Connector in connection with the installation of power cables and related services.