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    Ezra orders Rolls-Royce designed multi-function vessels

    Vessel & ROV News // May 17, 2007

    Ezra Holdings Limited in Singapore has announced the award of a S$98 million contract (excluding certain owner furnished equipment) to Pan-United Marine Ltd, to build two large Rolls-Royce designed multi-functional support vessels.

    The two 30,000bhp Rolls-Royce designed multi functional
    support vessels will be built in Pan-United's Singapore yard with delivery of the first vessel scheduled in the first half of calendar year 2009 and the second in the second half of calendar year 2009.

    Said Ezra Holdings: "The vessels will enhance the service offerings which Ezra can provide to its clients including but not limited to:

    • Offshore construction
    • Sub-sea installation, including well stimulation, well completion and subsea template installations and similar work or functions done by some drilling rigs and semi-submersibles
    • Remotely Operated Vehicle (ROV) interventions
    • Installation-maintenance-repair
    • Ultra Deep water anchor handling
    • Towing
    • Supply runs
    • Standby & rescue
    • Tanker assist

    Said Ezra’s Managing Director Mr Lionel Lee: “This contract will be for the first batch of large multi-functional support vessels to be built by a Singapore yard, and possibly Asia’s first as well. These Rolls-Royce designed vessels are the first two of its kind in the world. As oil exploration moves further into deep water and more hostile environments, we will see greater demand for such larger and sophisticated support vessels to meet this challenge. These additional capabilities will further strengthen Ezra’s position as an integrated offshore support services provider.”

    “Further, the new vessels will be of the new ‘Clean Design’ which focuses on emissions, reiterating Ezra’s focus and commitment to our environment and in addition have newly introduced state of the art systems which are designed to bring offshore operational safety to new heights.”

    “We continue our partnership with Pan-United with confidence in its timely ability to build this category of large multi-functional support vessels that extends our reach into a new high growth market segment,” added Mr Lee.

    Ezra Holdings did not announce which Roll-Royce design it has selected.

     

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