SAN ANTONIO, Texas – With the EMAS CHIYODA Subsea joint venture expected to be finalized in the upcoming days, EMAS AMC COO Daniel Sack was offering details on the partnership to Offshore.
Chiyoda Corp. and Ezra Group announced plans in August 2015 to enter as equal partners into a joint venture involving Ezra’s subsea construction division EMAS AMC to expand each other’s services.
Sack said that as one of the world’s leading engineering, procurement, and construction (EPC) companies, Chiyoda Corp. had been considering entering the subsea construction market before proceeding with EMAS AMC. He explained that the five-year-old subsea division of Ezra Holdings Ltd. has managed to prove itself as a tier one subsea construction contractor in a relatively short period of time through successful jobs like the company recently completed projects for Noble Energy in the Gulf of Mexico. When EMAS’ new DP-3 ice-classed, ultra-deepwater multi-lay construction vessel Lewek Constellation hit the Gulf of Mexico to complete its inaugural pipelay work for Noble, it already had a backlog of $500 million.
The Noble jobs were completed on time and on budget, with EMAS claiming several world records as a result, including the deployment of the heaviest reeled pipe-in-pipe system ever deployed in the world.