Qatar calls time on Total, Exxon LNG venture
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.
Marubeni
Japanese upstream players accelerate exit plans
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 energy crunch after military coup, needs more LNG
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.
Total, Marubeni to invest in 800-megawatt Qatar solar plant
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.
Focused team was key to Serica Energy’s North Sea success
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.
Serica looking at ‘serious’ North Sea acquisition opportunities
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.
Hard-fought acquisitions justified as Serica back in the black
Serica Energy bosses said today that the firm’s first-half results justified the hard-fought acquisitions of a North Sea package last year.
Serica finally completes BKR deal with BP
Oil firm Serica Energy today completed the acquisition of stakes in three North Sea fields from energy giant BP.
Serica Energy in fourth Bruce and Keith acquisition
Oil firm Serica Energy has announced a second deal in two days for stakes in the Bruce and Keith fields in the UK North Sea.
Dawn of Asia offshore wind boom lures Japan trading houses
Untapped offshore wind is luring Japan’s biggest commodity houses to invest in projects in Taiwan and at home, buoyed by favorable government policies that support development of the clean power.
Five Japanese firms agree terms for Brazilian FPSO charter
Modec, Mitsui, Mitsui OSK Lines, Marubeni and Mitsui E&S will collaborate on an ultra-deepwater Brazilian FPSO charter project.
Japanese firms agree to supply FPSO for project off Brazil
A group of Japanese firms said today that they had agreed to invest in a long-term charter business which will provide an FPSO for the Sepia area offshore Brazil.
Ramco clinches contracts worth £35m
North-east oil service firm Ramco said today it had clinched four contracts worth more than £35million.