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First Shipment of LNG from Donggi-Senoro Project in Indonesia
Mitsubishi Corporation (MC) is pleased to announce that today, the first LNG cargo from Donggi Senoro LNG Project has been shipped to Arun LNG receiving terminal operated by the Indonesian state-owned oil and gas enterprise, Pertamina. MC is a major shareholder (45%) of the PT Donggi-Senoro LNG (DSLNG), the operating joint venture company of this project.

date.png04 Aug 2015 05:44 | comments.png 0 Comments | tags.png asia indonesia lng mitsubishi [ More ]

Commercial Oil Production Gets Underway at Ungani Field in Western Australia
Mitsubishi Corporation (MC) and Buru Energy Limited (Buru Energy) have been working together to undertake exploration and development of onshore oil and gas in the Canning Super Basin, located in the Kimberley region of Western Australia (WA). The MC-Buru Energy joint venture is pleased to announce the commencement of commercial production of the Ungani oil field. This is the first commencement of commercial onshore oil production involving Japanese companies in WA.

date.png24 Jul 2015 05:50 | comments.png 0 Comments | tags.png australia buru mitsubishi upstream [ More ]

Mitsubishi Corporation Participates in FPSO project in the Gulf of Mexico
Mitsubishi Corporation (MC), together with Nippon Yusen Kabushiki Kaisha (NYK Line), has entered into a joint venture with SBM Offshore N.V. (SBM), a global leader in the FPSO sector, for the charter, operation and maintenance of a Floating, Production, Storage and Offloading (FPSO *1) system for Shell Offshore Inc. in the US Gulf of Mexico.

date.png24 Jul 2015 05:31 | comments.png 0 Comments | tags.png fpso gofm mitsubishi n-america sbm-offshore services shell top usa [ More ]

GDF SUEZ signs an agreement with NYK and Mitsubishi to develop LNG as marine fuel worldwide
GDF SUEZ, Mitsubishi and NYK signed a framework agreement aiming to develop the LNG Bunkering market worldwide through LNG Bunkering Vessels. This partnership results in two first contracts: on behalf of the venture, the NYK’s order of an LNG bunkering vessel and an LNG bunkering contract between GDF SUEZ and United European Car Carriers (UECC), a leading short-sea operator. The partners will provide their know-how and experience to develop this first project in the Northern Europe Emissions Controlled Area (ECA)* from Zeebrugge, in Belgium.

date.png03 Jul 2014 08:34 | comments.png 0 Comments | tags.png belgium europe gdf-suez lng mitsubishi nyk [ More ]

Sempra Energy, GDF SUEZ, Mitsubishi, Mitsui Sign Tolling Capacity, Joint-Venture Agreements For Louisiana Liquefaction Export Fa
Sempra Energy (NYSE: SRE), GDF SUEZ S.A. (GSZ.FP), Mitsubishi Corporation (TSE 8058; LSE MBC) and Mitsui & Co., Ltd. (8031.TYO), today announced that they have signed 20-year tolling capacity and joint-venture agreements to support the development, financing and construction of a liquefied natural gas (LNG) export facility at the site of the Cameron LNG receipt terminal in Hackberry, La.

date.png19 May 2013 13:40 | comments.png 0 Comments | tags.png gdf-suez lng mitsubishi mitsui n-america sempra usa [ More ]

GDF SUEZ to become a U.S. LNG exporter, with the Cameron LNG project
GDF SUEZ announces the signing of a joint venture agreement with Sempra Energy, Mitsubishi and Mitsui for the development, financing and construction of the natural gas liquefaction project of Cameron LNG, a unit of Sempra Energy, in Louisiana.

date.png17 May 2013 19:53 | comments.png 0 Comments | tags.png gdf-suez lng mitsubishi mitsui n-america sempra usa [ More ]

Iraq launches a major step in energy supply and the world’s largest flare reduction project
South Gas Company, Shell and Mitsubishi today officially announced the commencement of operations of Basrah Gas Company, which will be the largest gas project in Iraq’s history and the world’s largest flares reduction project.
Basrah Gas Company is a 25-year incorporated Joint Venture between Iraq’s South Gas Company holding 51% of its shares, Shell 44% and Mitsubishi Corporation 5%. The Joint Venture captures associated gas that is currently being flared from three oil fields in southern Iraq – Rumaila, West Qurna 1 and Zubair.

date.png05 May 2013 10:15 | comments.png 0 Comments | tags.png iraq m-east mitsubishi shell top upstream [ More ]

Harper Government Announces Approval of Long-term Export Licence
The Honourable Joe Oliver, Canada’s Minister of Natural Resources, today announced the approval of a long-term export licence to LNG Canada Development Inc. to export liquefied natural gas from the terminal proposed by the Shell consortium in Kitimat. LNG Canada is a joint venture comprising Shell, Korea Gas Corp., Mitsubishi Corp. and PetroChina International.

date.png26 Feb 2013 07:01 | comments.png 0 Comments | tags.png canada kogas lng mitsubishi n-america petrochina shell top [ More ]

MHI Begins Construction of First "Sayaendo" New-generation LNG Carrier
Today Mitsubishi Heavy Industries, Ltd. (MHI) began construction of the first ship in its "Sayaendo" Series, which it has developed as a new-generation liquefied natural gas (LNG) carrier, at the company's Nagasaki Shipyard & Machinery Works. The LNG carrier is one of two ships ordered jointly by Osaka Gas Co., Ltd., and Mitsui O.S.K. Lines, Ltd. (MOL) in October 2011. The Sayaendo Series has a hull shape that evolved from LNG carriers with Moss-type* hemispherical tanks, and it offers significant improvements in fuel consumption and maintainability. The unit now being built is slated for delivery in the fiscal year 2014 (ending March 31, 2015).

date.png12 Dec 2012 19:15 | comments.png 0 Comments | tags.png asia japan lng mitsubishi [ More ]

Energy and Natural Resources Financing for the Shale Gas Project in Canada
The Japan Bank for International Cooperation (JBIC; Governor: Hiroshi Okuda) signed today a loan agreement totaling up to 650 million Canadian dollars (JBIC portion) with Cutbank Dawson Gas Resources Ltd. (CDGR), a subsidiary of Mitsubishi Corporation (MC) in Canada. The loan is cofinanced with The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Mizuho Corporate Bank, Ltd.

This loan will finance capital investments required of CDGR in connection with its subscription of 40% interest in a partnership which owns the shale gas assets in the Montney land in British Columbia, plus additional potential lands tapping the Cadomin and Doig geological formations. Encana Corporation, Canada's largest natural gas producer, is the operator and managing partner of this partnership.

Canada is endowed with vast shale gas reserves and has great potential as a new natural gas supplier for the markets in the Asia-Pacific region. The participation of MC in this project to secure gas interests in North America will contribute to Japan's energy security by diversifying the natural gas supply sources and easing the demand-supply balance in the Asian liquefied natural gas (LNG) markets.

MC is also planning to produce LNG in its production facilities that are going to be built on the western coast of British Columbia by using the natural gas produced from this shale gas project and the shale gas project in the Cordova Embayment*1, and to export the output to Japan and the Asian region. This project is expected to make Canada, which is politically stable and a relatively short distance from Japan, a new LNG supply source, thereby contributing to the diversification of Japan's LNG supply sources.

JBIC will continue to actively support Japanese businesses that promote the development and acquisition of energy resources by drawing on its various financial facilities and schemes for structuring projects, and by performing its risk-assuming functions.

date.png14 Aug 2012 07:54 | comments.png 0 Comments | tags.png canada gas jbic mitsubishi n-america shale upstream [ More ]
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