EMAS Offshore Secures $33 Million In Oil And Gas Contracts

Published at 12:48PM - 20/10/15

Offshore oil and gas services provider, EMAS Offshore, has announced that recent contract wins have netted the company over US$33 million.

The Singapore based company said that it had secured a mixture of extensions on current contracts as well as tow new contracts for services across Asia and West Africa.

EMAS Offshore said that in West Africa, it had secured a contract for the services of one of its Platform Support Vessels (PSV), to provide services to an undisclosed oil major.

Within Asia, the firm said that it had secured work for one of its Anchor Handling Tug Supply (AHTS) Vessels, for an undisclosed independent offshore oil company.

The Asian contract will see EMAS, transport both supplies and personnel to offshore oil and gas platforms, as well as utilising the AHTS for storage of materials.

EMAS, although keen to announce the awards, where very relucent to elaborate on any further details, however a company spokesman did say that the average length of the awarded contracts was around 2.4 years.

EMAS Offshore’s Chief Executive Officer, Captain Adarash Kumar, said: “We continue to focus our efforts in West Africa, where we have sustained our win momentum whilst building our track record and growth across Asia. 

“Our strategy to focus our bidding activities in West Africa will allow us to increase penetration in this market whilst maintaining dominance in Asia amidst this muted oil and gas environment.”