Japan News

 

The Future of Offshore Wind: Size Matters

Jun 01, 2021

Ambitions for offshore wind are ramping up across the globe. Final investment decisions hit an all-time high last year, a record number of new alliances were formed and markets including the EU, China, Japan, and South Korea committed to new or more ambitious climate targets. Everything, it seems, is scaling up – including the turbines.   Size was a recurring theme in a panel session I took part in at our recent Power & Renewables Conference…

Bilfinger Salamis, Sabik Offshore Team Up to Offer Offshore Wind Marking Service

Jun 15, 2021

Offshore operations, maintenance, and asset integrity contractor Bilfinger Salamis UK has partnered with Sabik Offshore to upgrade and retrofit offshore wind marking systems in the UK and northwest Europe.'Strengthening the company’s offshore wind operations and maintenance portfolio…

Australia's LNG Industry Sees a Somewhat Green Hydrogen Future

Jun 15, 2021

Having scaled the peak of becoming the world's top exporter of liquefied natural gas (LNG), Australia's producers of the super-chilled fuel are contemplating switching their industry around to become the global leader in hydrogen.The keynote…

Decarbonization an Opportunity, Not a Threat for Australia, Santos CEO Says

Jun 15, 2021

Australia, the world's biggest exporter of coal and liquefied natural gas, should view decarbonization not as a threat but as an opportunity to create a 'new, large-scale industry' in carbon offsets, Santos CEO Kevin Gallagher said on Tuesday…

LNG Primed for Strong Growth on Asian Demand

Jun 11, 2021

Liquefied natural gas (LNG) prices are poised for more gains as gas-hungry China guzzles cargoes to feed a rebound in economic growth while the easing of coronavirus-induced restrictions restores industrial demand in India.Higher oil and coal…

PHOTO: First Steel Cut for Bacalhau FPSO Topside

Jun 08, 2021

The first steel cutting ceremony was held last week at the BOMESC yard in China for the topside of an FPSO to be deployed at the Equinor-operated Bacalhau oil field off Brazil.The Bacalhau FPSO will be deployed to develop the first phase of the Bacalhau field in Brazil's pre-salt Santos Basin…

Novatek, Glencore Ink Arctic LNG 2 Gas Supply Deal

Jun 02, 2021

Russian gas company Novatek has signed heads of agreement with Glencore for the long-term supply of LNG from the Arctic LNG 2 project.The agreement, signed Wednesday at Saint-Petersburg International Economic Forum, established the key commercial terms for the long-term supply of more than of 0…

Subsea Research Institute NSRI to Become Part of Subsea UK

May 31, 2021

UK-based subsea research and development institute NSRI is set to become part of Subsea UK.The organization, originally set up as a focal point for subsea research and development, has been working more closely with Subsea UK for the last six…

Japan to Need Months to Resume Iran Oil Imports if Sanctions Lifted

May 28, 2021

Japanese refiners will need at least three months to resume Iranian oil imports even if Tehran's nuclear talks with world powers lead to an agreement and a lifting of sanctions, the head of the Petroleum Association of Japan (PAJ) said on Thursday…

Report: Japan's JX Nippon Eyes $1.5B UK North Sea Fields Sale

May 27, 2021

Japan's JX Nippon wants to sell its British North Sea oil and gas assets including stakes in some of the basin's biggest fields in a deal that could fetch up to $1.5 billion, five banking sources [told Reuters this week].The sale is the latest…

LNG Demand in Asia to Slow Down Next Year

May 27, 2021

Liquefied natural gas (LNG) demand growth in Asia will slow down next year as the economic recovery stagnates and the capacity of competing fuels nuclear and coal expand in Japan and South Korea, research consultancy Wood Mackenzie said on Thursday…

Simec Atlantis Energy's Tidal Turbine Passes Test in Japan

May 24, 2021

Simec Atlantis Energy (SAE) has informed that its tidal power generation facility in Naru Island, Japan, has passed the Japanese government's pre-use inspection tests.  The site, which features the AR500 tidal turbine installed earlier this year…

As Iran Eyes End of Oil Export Sanctions, will Former Asia Clients Buy?

May 21, 2021

As Iran gears up to resume oil exports once the United States lifts trade sanctions, former key clients in Japan, South Korea and Taiwan say they'll wait for the U.S. green light before investigating terms under which they might buy Iran's oil again…

UTM Offshore Taps KBR for Support at Nigeria's First FLNG Project

May 20, 2021

Engineering and construction services giant  KBR has won a contract with Nigeria's UTM Offshore to support the development of Nigeria's first Floating Liquefied Natural Gas (FLNG) facility.Acting as Owner's Engineers, KBR will be responsible…

Asia, Australia Snub IEA's Call to Halt new Fossil Fuel Investments

May 19, 2021

Asian energy officials on Wednesday disputed the International Energy Agency's (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow…

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