Following a deal with the UK government, Japan's Marubeni Corporation looks to invest £10 billion in offshore wind and green hydrogen projects.
One of the developers behind a major Scottish floating wind project has shed light on the key role it played in persuading a cabling giant to build a factory in the Highlands.
Two major marine contractors have secured work providing geotechnical investigations at the site of the Ossian floating wind farm off Scotland’s east coast.
Japan's first large offshore wind project started commercial operations on Thursday as part of the country's efforts to boost wind power generation at sea.
Japan will keep its investment in the Sakhalin-1 oil and gas project in Russia, said the nation’s trade chief.
Successful bidders including SSE Renewables and BlueFloat Energy have signed option agreements with Crown Estate Scotland (CES) for floating offshore wind sites secured as part of the ScotWind auction round.
Kenya’s KenGen has begun delivering steam at the sixth unit of its Olkaria geothermal unit.
North Sea focused E&P Ithaca Energy has returned to profitability on the back of surging commodity prices, as it now looks to capitalise the company following the acquisition of a series of assets from Marubeni.
Oil and gas giant BP has launched a new joint venture aimed at making inroads into the burgeoning Japanese offshore wind market.
There has been increasing speculation that Japanese oil and gas companies may follow their Western peers and exit Russian energy projects in response to Vladimir Putin’s bloody invasion of Ukraine. However, this seems unlikely, as such a move - designed to hurt Russia - would be blunted, as China is expected to fill any void left by departing investors.
Nicola Sturgeon accused opponents of “girning” about major offshore wind investment in a row over human rights, profits and selling off access “on the cheap”.
Australian liquefied natural gas (LNG) developer Woodside (ASX:WPL) is busy positioning itself for a future in which hydrogen may play a growing role in the energy mix. Significantly, it is working closely with customers in its traditional LNG export markets – particularly Japan and South Korea – to meet demand for cleaner forms of energy.
Japanese trading house Marubeni has confirmed the sale of its North Sea business to Ithaca Energy.
SSE Renewables, Japanese conglomerate Marubeni Corporation (Marubeni) and Danish fund management company Copenhagen Infrastructure Partners (CIP) have announced that up to £15 billion would be added to the Scottish economy by their proposed offshore wind projects in Scotland via the Crown Estate Scotland’s seabed leasing process.
Ithaca has agreed to acquire the North Sea assets of Marubeni in a $1billion deal, according to a news report.
Marubeni-owned PIC Group has won a five-year maintenance agreement from Nigeria’s Azikel Petroleum, for a new refinery in Bayelsa State.
Qatar Petroleum is set to supply another 1 million tonnes per year (t/y) of liquefied natural gas (LNG) to China after signing a 10-year contract with Shell. The deal brings Qatari LNG supplies to China under long-term deals to 12 million t/y.
Australian oil and gas producer Woodside has teamed up with Japanese companies IHI and Marubeni to explore production and export of "green ammonia" to Japan.
Qatar Petroleum (QP) will become the sole owner of the Qatargas 1 joint venture, after opting not to renew the deal with Total, ExxonMobil, Marubeni and Mitsui.
Japanese companies are increasingly focused on upstream portfolio rationalisation, with divestment of non-operated stakes in smaller oil, as well as other non-core assets, expected to accelerate, research from Wood Mackenzie shows.
Myanmar faces a potential energy crunch following a bloodless military coup that is set to delay urgent upstream investment and derail vital liquefied natural gas (LNG) import projects.
Marubeni Corp. and Total SA agreed to take a minority stake in a 1.7 billion-riyal ($464 million) project to build Qatar’s first solar power plant.
Serica Energy’s boss has said the gains squeezed by his team from North Sea fields acquired a year ago show smaller companies can be more efficient.
Oil and gas producer Serica Energy is looking at “a couple of serious opportunities” to expand its UK North Sea portfolio and build on recent deals, its boss said.
Serica Energy bosses said today that the firm’s first-half results justified the hard-fought acquisitions of a North Sea package last year.