The 24-year-old Emberson had one goal and nine assists in 30 games with the Sharks last season, his first in the NHL.
Ceci has one year remaining on his contract at US$3.25 million, while Emberson has a US$950,000 salary-cap hit next season.
Earlier Sunday, the Oilers acquired forward Vasily Podkolzin from the Vancouver Canucks in exchange for Ottawa’s fourth-round selection in 2025.
