Nippon Steel Engineering Co., Ltd. (NSE) and Osaka Gas Co., Ltd. (OG) have announced that their joint venture, NS-OG Energy Solutions (Thailand) Ltd. (NSET), has acquired OG’s entire 49 percent ownership stake in Osaka Gas (Thailand) Co., Ltd.. The transaction, completed on May 30, 2025, makes OGT a consolidated subsidiary of NSET.

OGT operates as an energy solutions provider specialising in fuel-to-natural gas conversion services. The acquisition represents a strategic move by NSET to streamline operations and strengthen energy supply capabilities throughout Thailand’s market.

The integration positions NSET to offer an expanded range of innovative energy solutions designed to meet evolving customer needs. The company plans to focus on developing additional energy-saving projects for OGT’s existing client base while exploring opportunities to expand sales of biogas and other low-carbon energy products produced by the Daigas Group.

With enhanced energy service operations following the acquisition, NSET aims to leverage the combined capabilities to deliver comprehensive on-site energy solutions across the Thai market. The transaction aligns with the joint venture’s strategic objectives to consolidate energy operations and expand its portfolio of sustainable energy offerings in the region.

For more information visit www.eng.nipponsteel.com

12th June 2025