Search results for: lewek champion

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  • 31 May 2017

    A wind up hearing against Emas Offshore’s subsidiary, Lewek Champion Shipping, related to debts for the charter of the Lewek Champion vessel has been adjourned for July.  The owner of the Lewek Champion pipelay construction vessel, Hai Jiang 1401, filed an application with the High Court of Singapore on May 5 to wind up Lewek Champion Shipping as […]

  • 10 May 2017

    A winding up application has been filed against Emas Offshore’s subsidiary, Lewek Champion Shipping, related to debts for the Lewek Champion vessel charter.  Emas Offshore reported on Tuesday that the owner of the Lewek Champion pipelay construction vessel, Hai Jiang 1401, filed the winding up application with the High Court of Singapore on May 5 to wind up […]

  • 26 July 2017

    A court in Singapore has made a winding up order against Emas Offshore’s subsidiary Lewek Champion over debts related to vessel charter.  Namely, Hai Jiang 1401, the owner of the pipelay construction vessel Lewek Champion and a unit of China’s ICBC Financial Leasing, last March terminated a charter agreement with Emas’ subsidiary for the Lewek Champion vessel after […]

  • 26 July 2017
    Business & Finance

    The High Court of Singapore has issued a winding up order against Lewek Champion, Emas Offshore’s subsidiary. In addition, Andrew Grimmett and Lim Loo Khoon, both of Deloitte & Touche LLP, have been appointed as joint and several liquidators of Lewek Champion. In March this year, Hai Jiang 1401, the owner of the pipelay construction […]

  • 18 April 2017

    Emas Offshore’s subsidiary, Lewek Champion Shipping, may be facing wind up in a further push by Hai Jiang 1401 to achieve its rights as debts accrue for the now terminated charter of the Lewek Champion vessel.  On March 9, 2017, Hai Jiang 1401, the owner of the pipelay construction vessel Lewek Champion and a unit of China’s […]

  • 19 February 2014
    Business & Finance

    EOC Limited has signed a US$200 million sale & leaseback arrangement for the Lewek Champion  vessel with a unit of ICBC Financial Leasing Co. Ltd (part of the Industrial & Commercial Bank of China (ICBC) group). The US$200 million price tag for the Group’s DP2 pipelay and heavy lift construction vessel, the Lewek Champion, is […]

  • 13 March 2017
    Business & Finance

    Emas Offshore has been given a notice of termination for the bareboat charter of the pipe lay construction vessel “Lewek Champion” by Hai Jiang 1401, the vessel-owning unit of ICBC Financial Leasing. The vessel has been detained by Huisman Equipment B.V. in Xiamen, China since February 18, 2017. Emas Offshore has defaulted to make payment of around […]

  • 28 February 2011
    Business & Finance, Research & Development

      Lewek Champion will lay 70 km of pipes and install 11 wellhead platforms in the Gulf of Thailand. Contract for the heavy-lift accommodation pipelay vessel expected to contribute significantly to the Group’s FY11 performance. Will focus on keeping fleet well-deployed in view of expected pick-up in offshore O&G production and construction demand. EOC Limited, […]

  • 8 April 2014

    EOC Limited, a provider of offshore accommodation, construction and production vessels and services to the oil and gas (O&G) sector, has reported an increase in its net attributable profit to US$44.0 million for the second quarter ended 28 February 2014 (2QFY14) from US$1.4 million in 2QFY13. The strong performance was largely attributable to the US$36.4 million […]

  • 1 July 2014

    Ezra Holdings Limited today announced that the Group’s Subsea Services division, EMAS AMC, has achieved the significant milestone of installing 50 platforms for Chevron in the Gulf of Thailand. Under a multi-year contract that started in 2011, EMAS AMC has also successfully laid 376km of subsea pipes utilising the construction vessel Lewek Champion, a DP2 […]

  • 1 July 2014
    Business & Finance, Equipment, Operations & Maintenance

    Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group’s Subsea Services division, EMAS AMC, has achieved the significant milestone of installing 50 platforms for Chevron in the Gulf of Thailand. Under a multi-year contract that commenced in 2011, EMAS AMC has […]

  • 13 March 2017

    Emas Offshore, a subsidiary of Ezra Holdings, has received a notice of charter termination for the pipelay construction vessel Lewek Champion by Hai Jiang 1401, the vessel-owning unit of ICBC Financial Leasing Co. Ltd. Both Emas Offshore and parent company Ezra said on Sunday that they received the notice of termination on Thursday, March 9, […]

  • 9 April 2014
    Business & Finance, Operations & Maintenance

    EOC Limited (EOC or the Group), a provider of offshore accommodation, construction and production vessels and services to the oil and gas (O&G) sector, has reported a sharp increase in its net attributable profit to US$44.0 million for the second quarter ended 28 February 2014 (2QFY14) from US$1.4 million in 2QFY13. The strong performance was […]

  • 1 July 2011

    EOC Limited, one of Asia’s leading providers of offshore construction and production services to the oil and gas (O&G) sector, has added to its contract backlog, with a new award for the Lewek Chancellor. Lewek Chancellor underwent a major refit which started last November and with extended operating capabilities will be providing accommodation support to […]

  • 19 March 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Subsea World News has put together a recap of the most interesting articles from the previous week (March 13 – March 19). The US oilfield services major Halliburton is said to be close to strike a deal to acquire Norwegian oil services company, Aker Solutions. According to Norwegian media reports, with reference to an article […]

  • 28 February 2011
    Business & Finance

      EOC Limited (EOC or the Group), a leading provider of offshore oil and gas (O&G) support services in Asia, has secured a sizeable pipelay and platform installation contract from new clients – Chevron Offshore (Thailand) Limited, Chevron Thailand Exploration and Production, Ltd and Chevron Pattani, Ltd – which are subsidiaries of Chevron Corporation, one […]

  • 29 July 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Subsea World News has put together a recap of the most interesting articles from the previous week (July 24 – July 30). TechnipFMC has informed that is financial statements for the three months ended March 31, 2017 should no longer be relied upon because of material errors in such financial statements. The net income attributable […]

  • 5 March 2014
    Business & Finance

    EOC Limited (EOC), a provider of offshore oil and gas development and production solutions, has been awarded work worth close to US$100 million including options, for the Lewek Conqueror. Under this charter contract with an oil major, the accommodation and construction barge will provide accommodation and support services for a project in South East Asia, […]

  • 5 March 2014

    EOC Limited (EOC or the Group) has been awarded work worth close to US$100 million including options, for the Lewek Conqueror.   Under this charter contract with an oil major, the accommodation and construction barge ‘Lewek Conqueror’ will provide accommodation and support services for a project in South East Asia, for a period of five […]

  • 5 March 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    EOC Limited has been awarded work worth close to US$100 million including options, for the Lewek Conqueror. Under this charter contract with an oil major, the accommodation and construction barge will provide accommodation and support services for a project in South East Asia, for a period of five years, with an option to extend the […]

  • 24 September 2010

    EOC Limited (EOC or the Group), one of Asia’s leading operators of offshore construction & floating production vessels, has recommenced the operations of its Floating, Production, Storage and Offloading unit (FPSO), Lewek Arunothai, after completing ten days of maintenance activities. The scheduled preventive maintenance program was completed within the scheduled timeframe. The entire maintenance program […]

  • 30 June 2011
    Business & Finance

    EOC Limited (EOC or the Group), one of Asia’s leading providers of offshore construction and production services to the oil and gas (O&G) sector, has added to its contract backlog, with a new award for the Lewek Chancellor. Under the contract with a French oil major, the Group’s accommodation and construction barge will provide accommodation […]