Ezra orders multipurpose pipelay vessel

News - August 29, 2005

| More

Emas Offshore Construction Pte Ltd, a subsidiary ofEzra Holdings Limited in Singapore,has awarded a contract to Labroy Shipbuilding and Engineering Pte Ltdfor
the construction of aPipelay, Accommodation & Maintenance Work Bargeat a contractual value of approximately US$24.72 million (excluding the cost of certain owner furnished equipment).

The Heavy Lift Accommodation Pipeiay Vessel will beapproximately 142m long with a breadth of40m, andwill havepipelay capabilities plus a800 tonne heavy lift mast crane andDP2 dynamic positioning system, along wiht the ability toaccommodate up to 350 personnel.

The DP2 system will enable the vessel toundertake subsea construction work in deep
waters in excess of 1,000m.

Under the terms of the contract, the Heavy Lift Accommodation Pipeiay Vessel is expected to be delivered by the first half of the financial year ending 31 August 2007.

Ezra has also announced that it has entered into aa joint venture withKS Energy Services Ltdfor the new vessel,under which KS Energy will supply various equipment and machinery to be installed or utilised on board.

KS Energy intends to acquire a 25 per cent stake in the issued and paid-up capital of
Emas whilst Ezra is currently in talks with another potential joint venture party,
with a view to that party acquiring a 30 per cent stake in the issued and paid-up capital of Emas.

More articles from this category

More news


Product Guide

News Letter

Fill in your name, company and e-mail address below for our bi-weekly newsletter.



Powered by MARIS.

Subscribe to Offshore Shipping News Online RSS

Follow Offshore Shipping News Online on Twitter

Subscribe to email updates




9th Deepwater China Convention 2014
24-25 April 2014
China, Shenzhen.

FPSO Topsides Design and Layout
29-30 April 2014
United kingdom, London.

Subsea Vessels Conference
29-30 April 2014
Norway, Oslo.

OSV Chartering Contract Management Middle East
29-30 April 2014
United arab emirates, Dubai.

Subsea Power Cables
30 April-01 May 2014
United kingdom, London.

More events