Singapore’s Ezra gets Chevron contract in Thailand

Construction News

Singapore offshore services firm Ezra has won a contract from U.S. oil giant Chevron in Thailand that could be worth as much as $300 million.

The Singapore firm said on Tuesday its offshore construction division EMAS AMC will install a number of wellhead platforms and associated pipelines in the Gulf of Thailand for Chevron for a three-year period starting in early 2012.

The Chevron Thailand deal will raise Ezra’s offshore and marine construction order book to over $600 million, it said in a statement.

Ezra’s spokesman declined to reveal the deal size, but a statement from the firm dated July 14 had put the order book at more than $300 million.

The Chevron project may be extended for an additional two years which means it could extend till 2016.

Source: http://af.reuters.com/article/commoditiesNews/idAFL3E7JG01Y20110816


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