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Press release

EMAS enhances competitive edge with purchase of US fabrication facilities

  • Well-equipped yard in Houston allows Group to expand engineering and fabrication activities in the Americas and Europe
  • Fabrication facilities in both the US and Vietnam enable EMAS to respond quickly to clients’ needs worldwide, enhancing its competitive edge
  • In line with Group’s strategy to be a top fully integrated global offshore oil & gas support services provider

EMAS, under Ezra Holdings Limited, a leading integrated support and marine services provider in the offshore oil & gas (O&G) sector, is fast putting in place building blocks within its core businesses to drive its next lap of growth.

This latest strategic purchase of a well-equipped 650,000 square feet fabrication facility in Houston, US, is expected to anchor the Group as a global O&G engineering services provider. The acquisition is made through EMAS’s newly formed subsidiaries Ezram Properties LLC and Ezram Enterprise LLC. The move complements EMAS’s proposed key US$250 million acquisition of Aker Marine Contractors, a successful and established SURF and floater installation company that also has a center of excellence in Houston through which operations in the Gulf of Mexico are supported.

Mr Lionel Lee, Ezra Holdings Ltd’s Managing Director said: “The new Houston base will allow us to quick start our drive into the engineering and fabrication market in the Americas and Europe. Armed with our other facility in Vietnam, EMAS is now able to quickly respond to clients’ needs worldwide, further strengthening our competitive edge in the offshore O&G market.

We expect the continued investments in our core offshore support, engineering and deepwater subsea services capabilities to accelerate our expansion into the Gulf of Mexico, North Sea, Latin America and African markets, and transform EMAS into a top-tier fully integrated global O&G support services provider.”

The deal provides EMAS with the ability to fabricate customized cranes which meet the stringent requirements of the modern offshore O&G fleet, adding to the Group’s already wide product offering.

For more information, please contact media@emasoffshore.com