Sale agreed on for Chim Sao FPSO owner

Offshore staff

SINGAPORE – Ezra Holdings and EMAS Offshore Production Service (Vietnam) have accepted a non-binding letter of intent to sell their current combined 78.4% equity in PV Keez to an infrastructure investment specialist.

PV Keez owns the FPSO Lewek EMAS, which Premier Oil has chartered for the Chim Sao field offshore southern Vietnam. Ezra has also formed a new 50:50 venture with Chiyoda Corp., EMAS Chiyoda Subsea.

This combines the two companies’ strengths, allowing them to bid for larger subsea construction projects from the conceptual phase through engineering, procurement, construction, and installation.

04/18/2016

Share your news with Offshore at news@offshore-mag.com

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...