EMAS (company)
Encyclopedia
EMAS is a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry and operating brand for Ezra Holdings
. The business was founded in 1992 and is headquartered in Singapore
. EMAS
has been on a fast path of growth and development over the past 20 years. It began in Asia Pacific in the maritime industry with an advanced, modern and highly capable fleet of vessels. The company quickly expanded, listing EMAS on the Singapore stock exchange in 2003 and adding a world-class fabrication facilities in Vietnam
. Over the next few years, EMAS
added its construction and production division, listed EOC Limited on the Oslo stock exchange
in 2007 and created an energy division, offering onshore and offshore drilling and well services. In 2011, EMAS embarked on a highly strategic acquisition of Aker Marine Contractors, a subsea construction and installation technology group with a rich 40-year history of industry firsts.
EMAS was promoted to Mainboard on 8 December 2005.
,
EMAS is now an offshore service provider, with offices in 16 locations across 5 continents - a leader in Asia and a global player in the offshore oil and gas industry.
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.
EMAS AMC, EMAS's subsea construction division has over 40 years of collective experience in design, construction, transportation and field installation. The group has successfully completed a wide range of global offshore installation and subsea construction projects, including the transportation and installation of the world’s largest man-made structure. Service offerings include subsea construction, IMR (inspection, maintenance & repair), floater and FPSO (floating, production, storage & offloading) installation, SURF installation, pipelay & heavylift, floatover installation and decommissioning.
EMAS Energy provides well intervention and drilling services both onshore and offshore, offering fully integrated solutions that combine its marine assets with cutting-edge intervention equipment
and services. The range includes workover, drilling, fluid pumping, nitrogen and pipeline & process services.
EMAS Marine manages and operates a young and diverse fleet of anchor handling, towing & supply vessels, anchor handling tugs, platform supply vessels and fast crew utility boats. These
vessels support the O&G industry in a wide range of offshore operations throughout the oilfield life cycle.
EMAS Production, under approximately 46.5%-owned EOC Limited, owns and operates FPSO
facilities, offering services such as FPSO conversion management and the operation & maintenance of production facilities. It has the capability and track record to design and provide FPSO/FSO mooring & riser systems and turrets, and fluid transfer systems.
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.
gets Brazil entry ticket
EMAS
Achieves Half-Billion-Dollar Milestone In Sales For FY11, Group Orderbook Exceeds Record US$1.2B.
EMAS AMC will perform subsea work in the Atlantis field located in the Gulf of Mexico. This is the second contract awarded by BP to EMAS AMC for work on the Atlantis field.
EMAS AMC has been awarded a contract to carry out offshore installation services for US supermajor Chevron in the Gulf of Thailand.
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.
EMAS says to buy Aker Marine for $325 million.
Ezra Holdings
Ezra Holdings Ltd also know under their operating brand name of EMAS is an integrated offshore support solutions provider for the oil and gas industry. The business was founded in 1992 and is headquartered in Singapore...
. The business was founded in 1992 and is headquartered in Singapore
Singapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
. EMAS
EMAS
EMAS may be:* EMAS , a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry and operating brand for Ezra Holdings....
has been on a fast path of growth and development over the past 20 years. It began in Asia Pacific in the maritime industry with an advanced, modern and highly capable fleet of vessels. The company quickly expanded, listing EMAS on the Singapore stock exchange in 2003 and adding a world-class fabrication facilities in Vietnam
Vietnam
Vietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...
. Over the next few years, EMAS
EMAS
EMAS may be:* EMAS , a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry and operating brand for Ezra Holdings....
added its construction and production division, listed EOC Limited on the Oslo stock exchange
Oslo Stock Exchange
The Oslo Stock Exchange serves as the main market for trading in the shares of Norwegian companies. It opens at 9:00am and closes 5:30pm local time...
in 2007 and created an energy division, offering onshore and offshore drilling and well services. In 2011, EMAS embarked on a highly strategic acquisition of Aker Marine Contractors, a subsea construction and installation technology group with a rich 40-year history of industry firsts.
EMAS was promoted to Mainboard on 8 December 2005.
History
EMAS was founded in 1992 by Mr Lee Kian Soo. Headquartered in SingaporeSingapore
Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
,
EMAS is now an offshore service provider, with offices in 16 locations across 5 continents - a leader in Asia and a global player in the offshore oil and gas industry.
- 1992 Founded. Incorporated EMAS Offshore to provide management and operation of offshore support vessels
- 2003 Launch of Initial Public Offering (IPO)Initial public offeringAn initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...
in Singapore - 2005 Acquisition of Vietnam Fabrication Yard, Asian Technical Maritime Services Ltd (ATMS) through wholly owned subsidiary HCM Logistics Limited & Promoted to SGX Main Board
- 2007 Buys strategic stake of 21.83% for S$16.5m in SGX-listed Nylect Technology Limited to extend its oil & gas support services activities
- 2008 Listing of Production & Construction division, EOC Limited, on the Mainboard of the Oslo Stock ExchangeOslo Stock ExchangeThe Oslo Stock Exchange serves as the main market for trading in the shares of Norwegian companies. It opens at 9:00am and closes 5:30pm local time...
raising approximately US$ S$260 million - 2011 Acquisition of Aker Marine Contractors AS (AMC) from Aker Solutions AS (a subsidiary of Oslo Bǿrslisted Aker Solutions ASA)
- 2011 Singapore's EMAS wins three charters worth $73 million
The Company
EMASEMAS
EMAS may be:* EMAS , a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry and operating brand for Ezra Holdings....
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.
EMAS AMC, EMAS's subsea construction division has over 40 years of collective experience in design, construction, transportation and field installation. The group has successfully completed a wide range of global offshore installation and subsea construction projects, including the transportation and installation of the world’s largest man-made structure. Service offerings include subsea construction, IMR (inspection, maintenance & repair), floater and FPSO (floating, production, storage & offloading) installation, SURF installation, pipelay & heavylift, floatover installation and decommissioning.
EMAS Energy provides well intervention and drilling services both onshore and offshore, offering fully integrated solutions that combine its marine assets with cutting-edge intervention equipment
and services. The range includes workover, drilling, fluid pumping, nitrogen and pipeline & process services.
EMAS Marine manages and operates a young and diverse fleet of anchor handling, towing & supply vessels, anchor handling tugs, platform supply vessels and fast crew utility boats. These
vessels support the O&G industry in a wide range of offshore operations throughout the oilfield life cycle.
EMAS Production, under approximately 46.5%-owned EOC Limited, owns and operates FPSO
Floating Production Storage and Offloading
A floating production, storage and offloading unit is a floating vessel used by the offshore industry for the processing of hydrocarbons and for storage of oil. A FPSO vessel is designed to receive hydrocarbons produced from nearby platforms or subsea template, process them, and store oil until it...
facilities, offering services such as FPSO conversion management and the operation & maintenance of production facilities. It has the capability and track record to design and provide FPSO/FSO mooring & riser systems and turrets, and fluid transfer systems.
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.
Latest News
EMASEMAS
EMAS may be:* EMAS , a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry and operating brand for Ezra Holdings....
gets Brazil entry ticket
EMAS
EMAS
EMAS may be:* EMAS , a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry and operating brand for Ezra Holdings....
Achieves Half-Billion-Dollar Milestone In Sales For FY11, Group Orderbook Exceeds Record US$1.2B.
EMAS AMC will perform subsea work in the Atlantis field located in the Gulf of Mexico. This is the second contract awarded by BP to EMAS AMC for work on the Atlantis field.
EMAS AMC has been awarded a contract to carry out offshore installation services for US supermajor Chevron in the Gulf of Thailand.
Management
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.Deep Water (EMAS AMC Division)
EMAS recently announced the completion of the acquisition of Aker Marine Contractors (AMC) of Houston in March 2011. 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.
EMAS says to buy Aker Marine for $325 million.