EMAS AMC's flagship ice-classed, DP3 multi-lay construction vessel Lewek Constellation is on track to turn fully operational by March 2015.
The vessel, which has heavy lift capabilities, has already secured a backlog of nearly US$0.5 billion, and is fully committed through to the middle of 2016, says parent company Ezra Holdings.
Installation of the vessel's multi-lay system has completed in the Netherlands and is currently undergoing commissioning works.
Image: The Lewek Constelltion, carrying its first job, offshore Gabon, prior to transiting to Schiedam to have its multi-lay system installed. Photo from EMAS AMC.
The near completion of the vessel comes as EMAS AMC recently secured multiple contracts valued at more than US$65 million (including options).
Work scopes include project management, engineering, and transportation and installation works for a floating production storage offloading (FPSO) vessel in Africa, as well as various engineering and offshore construction support contracts.
Work on the various project activities has started with offshore execution taking place in 2015 and 2016.
“Despite the current headwinds faced by the oil and gas industry, our tendering activities remain healthy,” said Lionel Lee, parent company Ezra’s Group CEO and Managing Director.
“We sit in the value chain where it is more resilient. Since the beginning of 2015, the group has announced contract wins totalling more than US$355 million. I am delighted that we are consistently being recognised for our track record and engineering capabilities across the development and support of offshore oilfields by our clients.”
The group has also successfully closed the increased loan facility to finance the construction of the vessel up to its completion.
“We are excited to be part of this landmark project for the subsea industry, and to see the Lewek Constellation come online. The Lewek Constellation will be only one of two vessels in the world in her class, and we are proud to be associated with the project from start to finish,” said Magnus Piene, Global Head of Offshore for DNB, the colead-arranger for the loan facility for the Lewek Constellation.
Ezra group has a backlog of approximately US$2.5 billion, with a majority of the contracts expected to be executed over the next 12-18 months.
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