Struggling Ezra bags subsea contracts worth $155m

For projects in Asia, Europe and West Africa.

Ezra Holdings today revealed that its subsea services division, EMAS AMC, has bagged several contracts worth a total of $155m (US$115m).

These contracts rigid pipelay on the Aviat field development in the UK North Sea,engineering and offshore support work in West Africa for an oil major, and subsea pipeline free span work for an oil major in Asia.

Ezra recently suffered a share price crash after unveiling its $405.2m fundraising scheme.

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