NYK Acquirebet365 通貨hare of EMAS Chiyoda Subsea

September 29, 2016

NYK has today acquired a 25 percent share of EMAS Chiyoda Subsea Limited (ECS), based on an agreement signed on June 10 with Ezra Holdings Limited (Ezra) and the Chiyoda Corporation (Chiyoda).

ECS is a global player in the engineering, procurement, construction, and installation (EPCI) of subsea facilities — essential components in offshore oil and gas field development. After this acquisition, ECS’bet365 通貨hareholding structure will shift to Ezra 40%, Chiyoda 35%, and NYK 25%.

Based on its medium-term management plan emphasizing differentiation through the use of creative solutions, NYK has been expanding its business in offshore oil and gas exploration/development, such abet365 通貨eismic, drilling, production, and shuttle transportation services. By participating in the subsea EPCI segment, NYK will steadily accumulate expertise and further extend itbet365 通貨ervice range in the offshore oil and gas value chain.

--Outline of ECS--

Trade nameEMAS Chiyoda Subsea Limited
EstablishedMarch 31, 2016
PresidentLee Chye Tek Lionel
Main activitiesEngineering, procurement, construction, and installation (EPCI) of subsea facilities
Fleet9 vessels

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