Ezra Holdings’ Managing Director, Lionel Lee said: “These contracts are a clear endorsement of our clients’ confidence in our services, and validate Ezra Holdings’ firm commitment to maintaining a young and sophisticated fleet to meet the stringent demands of our clients.”

“With the recent signs of recovery from the financial turmoil, we foresee upward revisions in capital expenditures by global oil majors, driving strong and growing demand for offshore support services going forward. We expect these contracts to contribute positively to our earnings through FY10,” Lee continued.