SAIGON, VIETNAM: Ezra Holdings Ltd. was awarded a US$55.4 million repeat order from an undisclosed North American client for the fabrication and assembly of an offshore structure.
Ezra won the deal through Saigon Offshore Fabrication & Engineering Ltd. (SOFEL), a wholly-owned subsidiary of its Vietnam-based offshore fabrication engineering arm, HCM Logistics Ltd.
SOFEL will fabricate parts of a mobile offshore production and drilling support unit as well as handle the final assembly prior to the scheduled project delivery in the second half of 2010, according to sources close to the deal.
In February, SOFEL won a first fabrication and assembly contract worth US$55.4 million from the same client. The latest contract brings HCM Logistics outstanding order book up to US$213.9 million. HCM Logistics now operates fabrication facilities in Ho Chi Minh City and Vung Tau.
