Ezra boosts subsea installation capabilities with acquisition of Intrepid Global
Company News - November 9, 2009
Ezra Holdings Limited has announced that it has acquired Intrepid Global Pte Ltd (IGPL), a company specializing in the execution of deepwater subsea projects.
Said the company: "Ezra's strategy to layer more value-added services across its fleet is now further aligned with the addition of IGPL's Managing Director Mr Ove William Akerblom and his team."
"The expertise of Mr Akerblom's team in deepwater subsea installations will boost Ezra's capabilities and allow it to broaden its scope of subsea services for its existing
customer base."
"Ezra's Managing Director, Lionel Lee, said: "This acquisition is of special significance as it enables us to continue building up our subsea track record and further deepen our ties with the oil majors. Led by Mr Akerblom, IGPL's extensive experience in deepwater subsea installations will complement our current capabilities and propel us towards our vision of becoming an integrated offshore solutions provider."
A master mariner with more than 25 years of experience in the offshore oil and gas industry, Mr Akerblom has a proven track record in planning, execution and management of offshore construction projects, particularly in the area of subsea installations.
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