EMAS Secures Frame Agreement with Apache in North Sea

EMAS AMC, the Subsea Services arm of Ezra Holdings Limited, continues its winning momentum in the North Sea with the award of the frame agreement from Apache.

The awarded frame agreement includes, among others, pipeline construction, umbilical/cable lay, structure installation and other typical related offshore construction services. For rigid pipeline work EMAS AMC will utilise their state of the art spool base, currently being established at Halsvik in Norway.

“This is a significant milestone for EMAS AMC in the UK sector,” said C.J. D’Cort, CEO of EMAS AMC. “And we look forward to developing a strong working relationship toward expanding our North Sea business operations together with Apache.”

The frame agreement is for an initial three-year period, with options to extend for an additional two years (3 + 2). The offshore operations will be in the UK sector of the North Sea and EMAS AMC will be supported by Apache’s contract holder for IMR, Harkand, as and when required.

“This is our first such frame agreement award in the UK sector and we are very pleased to announce this award within the strategically important North Sea market. EMAS AMC has the engineering capabilities and the vessel capacities for complex pipe lay, umbilical lay and subsea installation work. The Agreement fits well with our ambitions to grow our presence in these areas of the subsea tieback market. We are continuously developing our global presence, in all our key business regions, and we see this latest award as a further industry endorsement of our steadily growing capabilities,” said Svein Haug, Regional Head for EMAS AMC Europe and Africa.

The frame agreement will be administered from EMAS AMC’s office in Stavanger, Norway.

Press Release, August 20, 2014