Subsea 7 has acquired parts of EMAS Chiyoda Subsea (ECS), following the firm's fall into Chapter 11 bankruptcy proceedings in the US. The Lewek Constellation. Subsea…
Ocean Yield has agreed a contract extension on its four-month bareboat charter of the Lewek Connector subsea construction vessel with a related company of Ezra Holdings at a rate of US$40,000/day. The initial contract was for four months…
Ocean Yield has signed a four-month contract for the Lewek Connector, just days after announcing a terminated contract for the vessel from EMAS Chiyoda Subsea. The short-term deal is with a “related company to Ezra Holding” for a rate of US$40…
Ocean Yield has terminated its bareboat charter contract with EMAS Chiyoda Subsea (ECS) for the Lewek Connector. The Lewek Connector, from EMAS. The two signed a short-term standstill deal for the vessel on 16 December…
S.D. Standard Drilling, through wholly owned subsidiaries, has agreed to acquire three ST-216L CD platform supply vessels (PSVs) from Volstad Shipping, increasing its fleet to 10 PSVs. The vessels are to be acquired for a total en-bloc consideration of US$40 million…
New Zealand Oil & Gas (NZOG) entered a deal to secure a 50.01% holding in its Australian subsidiary, Cue Energy Resources. “Our controlling interest in Cue provides diversified exposure to Cue's production and exploration interests in Australia…
North Atlantic Drilling has again extended a newbuild rig contract standstill agreement with Singapore's Sembcorp Marine. Sembcorp Marine's subsidiary Jurung Shipyard has been building the semisubmersible drilling rig West Rigel, on which a standstill agreement had already been put in place…
Japan-based Nippon Yusen Kabushiki Kaisha (NYK), EMAS Chiyoda Subsea Ltd. (ECS), Ezra Holdings, and Chiyoda Corp. completed a deal that sees NYK gain 25% stake in ECS. Through the acquisition of existing shares from Ezra and Chiyoda, NYK now holds a 25% equity interest in ECS…
A consortium of L&T Hydrocarbon Engineering (LTHE) and Emas Chiyoda Subsea (ECS) entered into a US$1.6 billion engineering, procurement, construction and installation (EPCI) deal with Saudi Aramco for the development of the second phase of Hasbah Offshore Gas field…
Ezra Holdings has received a total of some US$300 million in awards for several new deepwater projects in various offshore oil producing regions in the Gulf of Mexico, Southeast Asia and West Africa. The scope of work for these new projects include project management…
Japan-based Nippon Yusen Kabushiki Kaisha (NYK) entered into a deal to aquire 25% interest EMAS Chiyoda Subsea Ltd. (ECS). The agreement between NYK, Ezra Holdings and Chiyoda Corp. will see the shareholding structure of ECS change to Ezra 40%…
Statoil has agreed to acquire JX Nippon’s 45% equity share in, and operatorship of, the UK license for the Utgard field, which straddles the Norwegian and UK median line. The move will see Statoil increase its holding in the license to 100%…
Ezra subsidiaries EMAS Offshore and EMAS Energy have secured new contract awards and letters of intent amounting to approximately US$40 million, including options, since the start of Q3 FY2016. EMAS Energy’s new contract award will see…
Singapore-based Ezra Holdings is set to divest its largest floating production and storage offloading (FPSO) unit, the Lewek EMAS, in efforts to step away from the ownership of FPSO assets and streamline resources, the company revealed in its 1H 2016 report…
Japan's Chiyoda and Singapore-based Ezra's EPCIC service provider EMAS AMC officially launched a 50-50 joint venture called EMAS Chiyoda Subsea, which will begin operations on 1 April 2016. The companies signed a binding memorandum of…
