Press Releases

Press Releases


  • EMAS CHIYODA Subsea places Norway based subsidiary, EMAS-AMC AS, in liquidation

    March 1, 2017

    EMAS CHIYODA Subsea places Norway based subsidiary, EMAS-AMC AS, in liquidation 28 February 2017 For immediate release EMAS CHIYODA Subsea Limited (“ECS” or “the Company”), a major player in the subsea sector, announced today that EMAS-AMC AS , its Norway based wholly owned subsea subsidiary, has been placed under members’ voluntary liquidation in Norway.  This announcement is made ...
  • EMAS CHIYODA Subsea Seeks Financial Restructuring Through Chapter 11

    February 28, 2017

    EMAS CHIYODA Subsea Seeks Financial Restructuring Through Chapter 11 28 February 2017 For immediate release EMAS CHIYODA Subsea Limited (“ECS”), a major player in the subsea sector, announced today that ECS and certain subsidiaries (the “Company”) have filed voluntary petitions for reorganisation under chapter 11 of the U.S. Bankruptcy Code to facilitate the Company’s financial and operational restructuring. ...
  • EMAS CHIYODA Subsea consortium clinches US$1.6 billion contract from Saudi Aramco

    July 22, 2016

    EMAS CHIYODA Subsea consortium clinches US$1.6 billion contract from Saudi Aramco 22 July 2016 For immediate release Consortium of EMAS CHIYODA Subsea and Larsen & Toubro Hydrocarbon Engineering awarded US$1.6 billion EPCI project in the Arabian Gulf Major contract marks significant milestone since the consortium entered into a long term agreement (6 years, with options of 2 x 3 ...
  • Ezra Holdings and Chiyoda Corporation Announce the Establishment of EMAS CHIYODA Subsea Joint Venture

    March 31, 2016

    Ezra Holdings and Chiyoda Corporation Announce the Establishment of EMAS CHIYODA Subsea Joint Venture March 31, 2016 SINGAPORE 31 MARCH 2016 Ezra Holdings Limited (“Ezra”) and Chiyoda Corporation (“Chiyoda”) today announced the transaction completion to form EMAS CHIYODA Subsea, a 50:50 Joint Venture aimed at targeting larger Engineering, Procurement, Construction and Installation (“EPCI”) projects and a wider ...
  • Chiyoda Corporation and Ezra Holdings Limited enter into MOU to establish 50:50 Joint Venture, EMAS CHIYODA Subsea

    March 22, 2016

    Chiyoda Corporation and Ezra Holdings Limited enter into MOU to establish 50:50 Joint Venture, EMAS CHIYODA Subsea Aug 27, 2015 Chiyoda will invest in Ezra’s Subsea Services business, EMAS AMC, to form EMAS CHIYODA Subsea – a 50:50 Joint Venture Partnership with Chiyoda creates opportunity for EMAS AMC to expand its subsea-to-surface offering and provide more value to ...