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…
Japanese trading house Mitsubishi said on Friday it would expand its ownership in a major liquefied natural gas (LNG) project in Malaysia, acquiring 10% stakes in the Dua and Tiga units of the Malaysia LNG plant.Operated by Malaysian state-owned energy giant Petronas…
Louisiana-based Cheramie Marine's offshore support vessel (OSV) Mary Cheramie has been refitted with a pair of new Mitsubishi engines, power solutions provider Laborde Products announced.The vessel's two new Mitsubishi Tier 3 S12R engines, each delivering 1…
MidOcean Energy, a global liquefied natural gas (LNG) company formed and managed by EIG, has secured a strategic investment from Mitsubishi Corporation, set to accelerate its strategy to create a global ‘pure play’ integrated LNG company.The…
Mitsui O.S.K. Lines (MOL) has been awarded an approval in principle (AiP) by ClassNK for a design of Floating Storage and Regasification Unit (FSRU) for ammonia.The ammonia FSRU has been jointly developed by MOL and MHI Group’s Mitsubishi Shipbuilding…
Classification society DNV has issued a statement of qualified technology to SBM Offshore for its carbon capture plant or CO2 capture solution for FPSOs developed in partnership with Mitsubishi Heavy Industries. The statement verifies that the…
Dutch FPSO leasing specialist SBM Offshore and Japanese industrial group Mitsubishi Heavy Industries Ltd. (MHI) have signed a partnership agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels…
Russia's Sakhalin Energy, which produces liquefied natural gas and oil, has fully resumed production following maintenance, Interfax news agency reported on Tuesday, quoting Gazprom's Deputy CEO Vitaly Markelov.The company has said it planned maintenance in July without providing a timeframe…
Japan's Toshiba plans to establish a domestic supply chain for offshore wind power equipment together with U.S. manufacturer General Electric, Nikkei reported on Saturday, as Japan is expanding in renewable energy in a zero-carbon push. Japan's…
The first electricity has been produced from the large Hollandse Kust Noord offshore wind farm, companies running the project said on Monday.In a statement, the CrossWind consortium led by Shell and Mitsubishi subsidiary Eneco said it had delivered…
Inpex, Japan's largest oil and gas exploration and production company, said on Thursday it had bought a 16.7% stake in the Moray East offshore wind farm in Scotland from Mitsubishi to expand further into renewable energy. The Moray East offshore wind farm…
Oilfield services company Weatherford has appointed Arun Mitra as the Company’s Executive Vice President and Chief Financial Officer.Before joining Weatherford, Mitra served as the Executive Vice President and Chief Financial Officer of Mitsubishi Power Americas Inc…
Shell and Mitsubishi's subsidiary Eneco have won the bid to build an offshore wind farm at Hollandse Kust (west) lot VI, located in the North Seaoffshore the Netherlands. Shell said Thursday that the project would have an installed capacity of approximately 760 MW…
Japan's Mitsui OSK Lines (MOL) said on Wednesday it had signed a long-term charter contract with the new Russian operator of the Sakhalin-2 liquefied natural gas (LNG) project for LNG carrier Grand Mereya to continue its shipping service.Russian…
Japanese trading houses Mitsui & Co and Mitsubishi Corp have cut the value of their stakes in the Sakhalin-2 liquefied natural gas (LNG) project in Russia by 217.7 billion yen ($1.66 billion) following Moscow's move to seize control of the project…
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