Japan News

Japan’s ENEOS Xplora, PVEP Ink Deal for Vietnam Offshore Block

Apr 01, 2025

Japan's ENEOS Xplora has signed a new production-sharing contract for the Block 15-2 offshore southern Vietnam, the production and exploration arm of state oil firm PetroVietnam said on Tuesday.The 25-year contract was signed in Hanoi on Monday between ENEOS Xplora's Vietnam unit…

Tokyo Attracts Industry Leaders for Japan Energy Summit 2025

Mar 12, 2025

The Japan Energy Summit & Exhibition 2025 Executive Committee convened in Tokyo under the leadership of Nobuo Tanaka, Executive Director Emeritus, International Energy Agency (IEA), to define the event’s agenda and assess the challenges shaping Japan’s energy future…

Japan’s First Megawatt-Scale Tidal Energy Turbine Hits Water

Feb 13, 2025

Proteus Marine Renewables has deployed the AR1100 tidal turbine in Japan, which became the country's first ever megawatt-scale grid connected tidal energy system.Installed in the Naru Strait, the turbine will generate 1.1 MW of clean energy…

James Fisher Launches Japanese Business Unit

Feb 18, 2025

James Fisher and Sons, a global provider of specialist services to the energy, marine and defense industries, has launched new legal entity in Japan, reinforcing its long-term commitment to Japan and its footprint in North East Asia.The move…

Mitsubishi Reports $342M Impairment Charge on Japan’s Offshore Wind

Feb 06, 2025

Japan's Mitsubishi took a 52.2 billion yen ($342.4 million) impairment charge on its domestic offshore wind projects in the nine-month period ended in December, it said on Thursday.The trading house said on Monday it is reviewing how to proceed…

Mitsubishi Reassessing Japan Offshore Wind Projects Amid Market Changes

Feb 03, 2025

Mitsubishi Corp on Monday said it is reviewing how to proceed with its offshore wind projects in Japan given a 'significantly changed' business environment, showing that the country is not immune to rising costs across offshore wind projects globally…

Japan's Mitsui Eyes Alaska LNG Project

Feb 04, 2025

Japanese trading house Mitsui could consider studying a project to liquefy natural gas (LNG) in the U.S. state of Alaska, but no decisions have been made yet, Chief Financial Officer Tetsuya Shigeta said on Tuesday.Japan is considering offering…

Seatrium to Build Heavy Lift Vessel for Japan’s Offshore Wind Market

Jan 27, 2025

Seatrium has been awarded a contract by Japan-based Penta-Ocean Construction (POC) to carry out the engineering, procurement and construction for a 5,000-ton fully revolving heavy lift vessel project for the Japanese offshore wind market.This…

Equinor Tries Again for a Japan Offshore Wind Lease

Oct 22, 2024

Norwegian energy company Equinor has submitted a bid to develop an offshore wind farm together with other companies in the latest round of Japan's state auctions, two sources said, as it seeks a foothold in the fledgling market.Equinor's bid…

BP and Partners Secure Rights for 450MW Offshore Wind Farm in Japan

Dec 24, 2024

BP and its consortium partners have been selected to develop a 450 MW offshore wind farm in Japan.Aside from BP, the consortium partners include Tokyo Gas, Marubeni Corporation, Kansai Electric Power, and Marutaka Corporation.The 450 MW project will be developed offshore Yuza Town…

JERA-Led Consortium to Develop Japan’s 615MW Offshore Wind Project

Dec 24, 2024

JERA-led consortium, which also includes Green Power Investment and Tohoku Electric Power, have been granted operatorship of a planned 615 MW offshore wind project in Japan.The project is located in the Sea of Japan offshore Aomori Prefecture…

Toyo Buys SMD’s ROV Trencher for Japan’s Offshore Wind Sector

Dec 19, 2024

Toyo Construction has acquired a trenching ROV from underwater technology and services company SMD, as part of its investment strategy aimed at Japan’s emerging offshore wind sector.The ROV will form part of Toyo’s expanding fleet of assets…

BP and JERA Combine Offshore Wind Units to Form JERA Nex BP Joint Venture

Dec 09, 2024

Energy major BP and Japan’s largest power generation company JERA have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture that will become one of the largest global offshore wind developers…

Acteon and TAISEI Join Forces for Floating Wind Projects in Japan

Oct 08, 2024

Acteon, the international  marine energy and infrastructure services business, has signed a non-exclusive memorandum of understanding (MoU) with TAISEI Corporation that sets out how the companies will use each other’s skills and services for floating offshore wind projects in Japan…

A Look Inside the East Asia & Pacific Offshore Wind Markets

Aug 16, 2024

Whereas the foundations of commercial offshore wind development are found in Europe (and Europe will remain the largest overall regional market for offshore wind activity in the coming decade), the rapid development of the large East Asia and…

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