EZRA Holdings' wholly owned subsidiary London Marine Consultants has been awarded a US$110 million contract by Sembcorp Marine's subsidiary, Jurong Shipyard of Singapore, to supply an external turret mooring system for the Libra field's Extended Well Test Floating Production, Storage and Offloading (FPSO) vessel.
The Libra oil field is a large ultra-deepwater (up to 2,500 metres) oil prospect located in the Santos Basin, about 230 kilometres off the coast of Rio de Janeiro, Brazil, north of Tupi field. The oil field, estimated to contain recoverable resources ranging between eight billion to 12 billion barrels of oil, is one of the largest deepwater oil accumulations globally.