Mitsubishi Corp News


Yokogawa, Mitsubishi to Build Robots for Offshore Platform Inspection

May 31, 2022

Yokogawa Electric Corporation and Mitsubishi Heavy Industries, Ltd (MHI) have been selected by the Nippon Foundation, a private, non-profit grant-making organization, to develop an automatic robotic inspection system to predict hazards on offshore oil and gas facilities…

Shell in Talks with Indian Consortium to Sell Russian LNG Plant Stake

May 26, 2022

Shell in talks with Indian consortium to sell Russian LNG plant stake -sourcesShell seeks to sell 27.5% stake in Sakhalin-2 plantShell in talks with group of several Indian firms -sources Shell also seeking bids for LNG, oil supply contracts…

Report: Shell in Talks with Chinese Oil Firms to Sell Its Sakhalin-2 Stake

Apr 22, 2022

Energy giant Shell is in talks with some Chinese companies to sell its stake in a major Russian gas project amid sanctions imposed on Moscow over its invasion of Ukraine, The Telegraph reported on Thursday.The London-listed company is in joint talks with Chinese state-run oil companies CNOOC Ltd…

Offshore Wind: Mitsubishi, Shell Aim to Produce 400,000t of Green Hydrogen

Apr 07, 2022

Japan's Mitsubishi Corp and Shell aim to produce 400,000 tonnes of 'green hydrogen' in 2030 through the companies' European offshore wind power project, the Yomiuri newspaper reported on Thursday.Dutch renewable energy firm Eneco, owned by Mitsubishi and Japan's Chubu Electric Power Co…

Sakhalin Energy Projects in Russia are Important for Japan - Gov't Spokesman

Mar 25, 2022

Japan aims to reduce its dependence on Russian energy, but Sakhalin oil and gas projects, in which the Japanese government and companies hold stakes, are important for its energy security, Japan's top government spokesman said on Friday.Shell…

Mitsubishi Confident Japan Offshore Wind Will be Profitable

Mar 17, 2022

Japan's Mitsubishi Corp is confident that the three offshore wind farms it won last year in auctions will be profitable despite the low feed-in tariff prices it bid, the head of its energy solutions unit said on Thursday.The Japanese government on Dec…

Sakhalin Projects to Effectively 'freeze', Japan Holding Off Decision - Minister

Mar 08, 2022

Japanese industry minister Koichi Hagiuda said on Tuesday that the Sakhalin energy projects 'will effectively freeze' given the exit of Western stakeholders and that Japan would therefore wait to see how the situation plays out to make any decision…

Petronas, Mitsubishi to Sell stakes in Yetagun Gas Field Offshore Myanmar

Feb 18, 2022

Malaysia's Petronas and Japan's Mitsubishi Corp are divesting their stakes in Myanmar's Yetagun gas field, the companies said, in the latest exits by major energy companies from the country since last year's military coup.A spokesperson from…

Mitsubishi, NYK Buy Into SBM Offshore's Brazil-bound Almirante Tamandaré FPSO

Jan 25, 2022

Dutch FPSO leasing company SBM Offshore has agreed to sell down a 45% stake in the FPSO Almirante Tamandaré, one of the world's largest FPSOs, being built for Brazil's Petrobras.'SBM Offshore is pleased to announce that it has entered into a…

INPEX Books HAKURYU-5 Semi-submersible Drilling Rig for Japan Offshore Drilling Project

Jan 24, 2022

Japanese oil and gas company INPEX has hired the HAKURYU-5 semi-submersible drilling rig for operations in Japan.The Mitsubishi MD 501 propulsion-assisted semi-submersible drilling rig will be deployed offshore San-in, Japan. JDC did not share any details on the agreed day rate…

Woodside to invest $5B in New Energy by 2030

Dec 08, 2021

Australia's Woodside Petroleum Ltd plans to invest $5 billion by 2030 mainly in hydrogen, in line with a global push for cleaner energy, armed with cash flow from its planned merger with BHP Group's petroleum arm.Woodside Chief Executive Meg O'Neill outlined her energy transition plan on Wednesday…

Woodside Fixing Corrosion Issue at Plant that Processes Gas from Offshore Fields

Jul 09, 2021

Woodside Petroleum is rectifying a corrosion issue identified during planned maintenance at the Karratha gas plant in Western Australia, a company spokesperson said on Friday.'We have discussed with the regulator and are taking all necessary…

Sakhalin Energy Wraps Maintenance at Offshore Platform

Jun 22, 2021

Russian liquefied natural gas producer (LNG) Sakhalin Energy said on Monday a planned shutdown on its Piltun-Astokhskaya-B (PA-B) offshore oil and gas production platform had been successfully completed.The PA-B platform was the first this year…

Report: Noble Corp. Bids for Seadrill's Assets

May 05, 2021

Offshore drilling contractor Noble Corp. has reportedly submitted a bid to acquire some assets of rival Seadrill. This is according to Reorg, a website providing credit intelligence, data, and analytics for hedge funds, asset managers, investment banks…

Report: Shell, Eneco Offshore Wind Farm to Power Amazon's Facilities in Europe

Feb 08, 2021

Royal Dutch Shell and renewables firm Eneco, owned by Japan's Mitsubishi Corp, will provide Amazon.com Inc's European facilities with electricity from an offshore wind farm, they said on Monday.Retail giant Amazon, which faces pressure from environmental activists over its carbon footprint…

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