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Japan Oil & Gas

 

Japan's Eneos Shuts Osaka Refinery CDU

Oct 02, 2020

Japan's biggest refiner, Eneos Corp, permanently shut the 115,000 barrels-per-day (bpd) crude distillation unit at its Osaka refinery on September 30 as planned, a company spokeswoman said on FridayThe refiner, which was formerly known as JXTG Nippon Oil & Energy Corp and is now under Eneos Holdings Inc, is shifting its joint venture with PetroChina Co to Eneos' Chiba refinery after shutting the venture's Osaka refinery…

Fugro, NYK to Provide Geotechnical Services for Offshore Wind Sector in Japan

Nov 16, 2020

Dutch-based Fugro and Japan's NYK Group have signed a memorandum of understanding to provide offshore geotechnical services in Japan.The two companies will also collaborate on a feasibility study into jointly operating a specialist investigation vessel for renewables projects…

Japanese Oil Firm Cuts Profit Guidance. Wants to Become 'Leader' in Offshore Wind

Nov 13, 2020

Japanese oil firm Cosmo Energy Holdings on Thursday cut its net profit estimate for the year to March 31 by 41%, blaming a hefty appraisal loss on its crude inventories and slumping prices of petrochemicals.It now forecasts an annual net profit of 8…

Japan to Introduce Tax Breaks, Fund to Support Zero-carbon Goal

Nov 13, 2020

Japan plans to introduce tax incentives and create a research fund to support so-called green investment, as the government pushes to meet a target of carbon-neutrality announced earlier this month, the Nikkei newspaper reported.The government…

MODEC Sets Out to Reduce Cost of Floating Wind Turbines

Oct 30, 2020

Japanese FPSO specialist MODEC says it is working with partners to develop a solution that will reduce the overall cost of floating offshore wind turbines.For some time, floating offshore wind has been something of a niche, but now full-scale demonstrators are in the works…

Japan's JERA Launches LNG Bunkering Business

Oct 21, 2020

JERA, the world's biggest liquefied natural gas(LNG) buyer, said on Wednesday that it has begun LNG bunkering business in central Japan through its joint venture with Kawasaki Kisen Kaisha, Toyota Tsusho and Nippon Yusen KK.The move is aimed…

Japanese Oil Refiner Joins Offshore Wind Venture

Sep 11, 2020

Japanese oil refining company Eneos said Thursday it was joining an offshore wind joint venture targeting projects in Akita Prefecture in Japan.Eneos has acquired a share in GK Happo Noshiro Offshore Wind, a company formed to seek opportunities…

Mitsui Hires JDC's Hakuryu-11 Jack-up Rig to Drill Off Japan

Sep 11, 2020

Japanese offshore drilling company JDC has won a drilling contract with Mitsui Oil Exploration.JDC said that the contract was for the provision of a jack-up drilling rig 'HAKURYU-11.' According to JDC, which operates a fleet of five jack-ups…

JERA, J-Power, Equinor in Offshore Wind Pact in Japan

Sep 09, 2020

Norwegian energy giant Equinor has entered into a consortium with Japanese power companies JERA and J-Power to jointly evaluate and work towards submitting a bid for offshore wind power projects in Akita Prefecture off Noshiro City, Mitane Town…

JERA Files EIS for 520MW Offshore Wind Farm in Japan

Aug 24, 2020

Japanese company JERA has filed an environmental impact statement for the proposed 520MW offshore wind farm in the Ishikari Bay, Hokkaido, Japan.JERA, which submitted the documents to the Minister of Economy, Trade, and Industry on Monday said…

Qatar: Al-Shaheen Field Operator Extends Contracts for JDC Drilling Rig Duo

Aug 17, 2020

North Oil Company, a JV between Qatar Petroleum and Total, has awarded contract extensions for two jack-up rigs owned by Japan Drilling Company.JDC said Monday that the extensions - one year for each rig - have been secured for jack-up drilling…

Inpex Books $1.3B Writedown on Australian LNG assets, Omitting Ichthys

Aug 06, 2020

Japan's biggest oil and gas company, Inpex Corp, booked charges of 140 billion yen ($1.33 billion) on its liquefied natural gas (LNG) projects in Australia, it said on Thursday, due to a slump in prices caused by the coronavirus pandemic.The…

Japan's Seven & i to Buy Marathon Petroleum's Speedway Gas Stations for $21B

Aug 03, 2020

The Japanese owner of 7-Eleven convenience stores has agreed to buy Marathon Petroleum Corp's Speedway gas stations for $21 billion, brushing aside coronavirus concerns to return to the table five months after initially balking at the deal.The acquisition is one of the biggest this year…

Mitsubishi Heavy, CIP JV to Develop Offshore Wind Farms in Hokkaido, Japan

Jul 31, 2020

Mitsubishi Heavy Industries (MHI) and Copenhagen Infrastructure Partners (CIP) have entered into a 50-50 joint venture regarding the development of offshore wind projects in Hokkaido, Japan.'The partners have high ambitions to be significant…

Japan Aims at 10 GW Offshore Wind Capacity by 2030, up to 45 GW in 2040

Jul 31, 2020

The Japan Wind Power Association said on Thursday it aims to expand the country's offshore wind power installed capacity to 10 gigawatts(GW) in 2030 and 30-45 GW in 2040.Offshore wind power currently provides only a tiny fraction of Japan's electricity supply but is set to grow after a law…

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