17.11.2010

Ezra buys crane facility

Ezra Holdings, the Singapore based marine services and support provider to the offshore oil & gas sector, says it has acquired a 60,000 Square Metres (650,000 sqft) fabrication facility in Houston, Texas at “distressed prices”.

Ezra says the facility will allow it to fabricate customised cranes for modern offshore Oil & Gas vessels and complements its $250 million acquisition of Aker Marine Contractors from Norwegian based Aker Solutions last month, which employs around 100 staff in the Houston area and has a strong presence in the Gulf of Mexico and South America.

Ezra also trades as EMAS, owns a shipyard in Vietnam and operates a number of heavy lift vessels as well as building offshore vessels and lifting gear and providing a wide range of other services. Please register to see all images

The Lewek Conquereor heavy lift vessel managed by EMAS offshore