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From Wikipedia, the free encyclopedia
Ezra Holdings Ltd, also known under their operating brand name of EMAS, is an integrated offshore support provider for the oil and gas industry. The business was founded in 1992 and is headquartered in Singapore. Ezra was listed on the Singapore Exchange Securities Trading Limited (SESDAQ) and promoted to Mainboard on 8 December 2005.[4][5]
| |
| Company type | Public company |
|---|---|
| SGX: 5DN | |
| Industry | Petroleum Oil & Gas |
| Founded | 1992 |
| Headquarters | Singapore, Oslo, Houston |
Area served | Worldwide |
Key people | Mr Lionel Lee (managing director), Mr Koh Poh Tiong (Non-Executive chairman) |
| Products | Offshore engineering and construction |
| Revenue | US$543.8 million (2015)[1] |
| US$90.3 million (2015)[1] | |
| Total assets | US$32.3 million (2017)>[2] |
Number of employees | 291 (April 2017)[3] |
| Website | www |
EMAS was founded in 1992 by Mr Lee Kian Soo.[6] Headquartered in Singapore,[7] EMAS is now an offshore service provider, with offices in 16 locations across 5 continents
Ezra Holdings, through EMAS, operates four main business segments that together have the ability to execute a full spectrum of life-of-field engineering, construction, marine and production services throughout the world.[15]
The Group offers offshore fabrication and construction, logistics, engineering and support services out of Vietnam from its yard facilities in Ho Chi Minh City and Vung Tau, as well as in Hinna, Norway and Houston, USA.[19]
EMAS AMC has been awarded a contract to carry out offshore installation services for US supermajor Chevron in the Gulf of Thailand.[20]
Mr Lee Kian Soo serves as Executive Chairman of EMAS while Mr Lee Chye Tek Lionel serves as the managing director of EMAS. As managing director, Mr Lionel Lee manages its business and oversees day-to-day operations.
EMAS recently announced the completion of the acquisition of Aker Marine Contractors (AMC) of Houston in March 2011.[21] The acquisition propels EMAS into the top ranks of the global SURF/EPIC services market.
EMAS recently said that it aims to win around $300 million of new subsea service contracts in Asia by April as the depletion of shallow fields in the region results in more deepwater drilling projects.[22]
EMAS says to buy Aker Marine for $325 million.[23]
Ezra filed for U.S. bankruptcy in March 2017.[24]
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