The estimated value of the contract is approximately $47m and it is expected to start in the third quarter of 2012.

According to the deal, the company will provide the transportation and installation-engineering, testing, inspection, offshore-installation and commissioning of subsea flowlines, structures, risers and umbilicals.

The Dua subsea feild will be developed as a subsea tie-back to the Chim Sao Feild and the installation work is anticipated to commence in the first quarter of 2013 and will take place in Block 12W in offshore Vietnam.

EMAS AMC CEO C.J. D’Cort said, "EMAS AMC has invested heavily in our engineering capabilities and is poised to ride the wave of growth as more subsea projects come online in the coming months."