Ezra strengthens foothold in African marketCompany News // June 9, 2010
Ezra Holdings Limited has strengthened its foothold in the African market by bagging a new contract worth up to US$80.0 million.
The contract will see Ezra fabricate and deliver an offshore accommodation structure for an international offshore engineering and construction company.
The accommodation structure will be manufactured by the Group's fabrication and engineering services base in Vietnam.
In January this year, the group first gained a firm foothold in the rapidly expanding African offshore O&G market through a maiden self-propelled jack-up contract won by its energy services unit, which forms an integral part of its new deepwater subsea services division.
Under this contract, Ezra will charter and operate the vessel, providing various offshore services to support an oil super major.