written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . february 2012 learn how and when to remove this template message emas type public sgx 5dn industry petroleum oil & gas founded 1992 headquarters singapore oslo houston area served worldwide key people mr lionel lee managing director mr koh poh tiong non executive chairman products offshore engineering and construction revenue us 984.2 million 2012 1 number of employees 5 500 january 2012 1 website www.emas.com www.ezraholdings.com 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 . 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 . 4 emas was promoted to mainboard on 8 december 2005 . 4 5 contents 1 history 2 the company 3 latest news 4 management 5 acquisition of aker marine contractor 6 references 7 external links history edit emas was founded in 1992 by mr lee kian soo . headquartered in singapore 6 emas is now an offshore service provider with offices in 16 locations across 5 continents . 1992 founded . incorporated emas offshore to provide management and operation of offshore support vessels 2003 launch of initial public offering ipo in singapore 7 2005 acquisition of vietnam fabrication yard asian technical maritime services ltd atms through wholly owned subsidiary hcm logistics limited & promoted to sgx main board 8 2007 buys strategic stake of 21.83 % for s 16.5 m in sgx listed nylect technology limited to extend its oil & gas support services activities 9 2008 listing of production & construction division eoc limited on the mainboard of the oslo stock exchange raising approximately us s 260 million 10 2011 acquisition of aker marine contractors as amc from aker solutions as a subsidiary of oslo b rslisted aker solutions asa 5 2011 singapore s emas wins three charters worth 73 million 11 the company edit emas 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 . 12 emas amc emas s subsea construction division has over 40 years in design construction transportation and field installation . the group has 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 . 12 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 . 13 emas marine manages and operates a 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 . 14 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 to design and provide fpso fso mooring & riser systems and turrets and fluid transfer systems . 15 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 . 16 latest news edit on nov 29th 2011 emas secured its first contracts in brazil whereby it will charter out four vessels for an average of 4.25 at a total price of us 231 million . 17 emas achieves half billion dollar milestone in sales for fy11 group orderbook exceeds record us 1.2 b. 18 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 . 19 emas amc has been awarded a contract to carry out offshore installation services for us supermajor chevron in the gulf of thailand . 20 management edit mr cavan chan 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 . acquisition of aker marine contractor edit emas announced the completion of the acquisition of aker marine contractors amc of houston on march 1 2011 . 21 amc was valued at us 250 million . ezra has settled the transaction by paying aker solutions us 50 million in cash 100 million in shares in ezra holdings ltd and 50 million in a convertible bond with maturity after 36 months . the share instruments have been valued on weighted average price per share over the last 30 days preceding signing . the final 50 million plus interest will be settled in cash on and subsequent to delivery of the amc connector vessel . upon delivery of amc connector ezra will take 50 percent ownership in the vessel owning company . the other half will remain under aker solutions ownership . references edit a b annual report 2012 pdf . ezra holdings . annual report 2012 pdf . ezra holdings . ezra holdings limited . yahoo finance . a b emas website . emas website . retrieved 2011 08 31 . cite error invalid ref tag ; name emas defined multiple times with different content see the help page . a b emas . business wire . retrieved 2011 08 03 . cite error invalid ref tag ; name emas amc defined multiple times with different content see the help page . company history . emas website . retrieved 2011 07 26 . ezra ipo . share investor . retrieved 2011 08 03 . acquisition of vietnam fabrication yard . offshore shipping online . retrieved 2011 08 03 . ezra takes a bite of nylect . upstream . retrieved 2011 08 03 . eoc listing on oslo boers . oslo boers . retrieved 2011 08 03 . singapore s ezra wins three charters worth 73 million . reuters . retrieved 2011 08 03 . a b ezra seals amc acquisition . bloomberg website . retrieved 2011 03 01 . cite error invalid ref tag ; name divisions defined multiple times with different content see the help page . emas completes installation of 38 km 24 mi umbilical for shell in gulf of mexico . offshore energy today . retrieved 2011 05 19 . emas amc completes installation of 38 km 24 mi umbilical for shell in gulf of mexico . subsea world news . retrieved 2011 05 19 . emas production is set to take delivery of one of vietnam s largest floating production storage and offloading vessels . offshore energy today . retrieved 2011 04 15 . fabrication construction & engineering . emas . retrieved 2011 08 11 . emas gets brazil entry ticket . upstreamonline . retrieved 2011 11 29 . ezra achieves half billion dollar milestone in sales for fy11 group orderbook exceeds record us 1.2 b. . share investor . retrieved 2011 10 28 . emas amc books 2nd gig at bp s atlantis field . tb petroleum . retrieved 2011 10 28 . ezra vaults towards its us 1b order book goal . business times . retrieved 2011 08 22 . emas amc . bloomberg website . retrieved 2011 07 26 . external links edit official website retrieved from https en.wikipedia.org w index.php title emas company & oldid 657464953 categories engineering companies of singaporehidden categories pages with reference errorspages with duplicate reference namesarticles with a promotional tone from february 2012all articles with a promotional tonepages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial 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