Mitsui Company News

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South Texas LNG Facility Would Support Sequestration
Check out some of Rigzone's most-viewed downstream-related articles from the past week.
8:00 PM EST | April 03, 2021
$6B Buffett Japan Wager Could Signal More Commodity Deals
Japan's trading houses supply the resource-poor country with everything from natural gas to noodles.
8:00 PM EST | August 30, 2020
$16B LNG Funding Deal Bucks Slowdown
Total SA's Mozambique LNG project has completed as much as $16 billion in funding.
8:00 PM EST | July 15, 2020
Cameron LNG's Second Train Begins Commercial Ops
Train 3 remains on track to start initial LNG production in the second quarter of 2020.
7:00 PM EST | March 02, 2020
Sempra and Mitsui Eye Stronger LNG Ties
Cameron LNG loads the first commissioning cargo from Train 1 of the export project in Hackberry, La., on May 28, 2019. PHOTO SOURCE: Sempra Energy
8:00 PM EST | October 28, 2019
Japan's Mitsui Chemicals Restarts Naphtha Cracker At Fire-Hit Plant
Mitsui Chemicals says it restarts a 500,000 tonne-per-year naphtha cracker plant in Osaka in western Japan.
8:00 PM EST | August 12, 2018
Japan's Mitsui OSK Targets 26% Stake In Swan's Indian LNG Unit
Mitsui OSK Lines aims to buy at least a 26% stake in a floating storage regassification unit (FSRU) in India.
8:00 PM EST | September 17, 2017
As Rivals Circle, Japan Boosting Firepower To Buy Global Energy Assets
Japan plans to rush through a bill to provide more financial muscle for its companies to compete for global energy assets, just as other resource-hungry Asian economies such as China and India are also looking to snap up depressed oil assets.
8:00 PM EST | September 22, 2016
Gas Glut Upends Global Trade Flows As Buyers Find New Leverage
The market for liquefied natural gas is about to attract more players and more trading as new supply from the U.S. and Australia strengthens buyers' bargaining power.
8:00 PM EST | August 15, 2016
OneSubsea Bags $300M Contract for Greater Enfield Project Off Australia
OneSubsea bags a $300 million engineering, procurement and construction contract from Woodside for the Greater Enfield Project offshore northwest Australia.
8:00 PM EST | July 14, 2016
Woodside-Mitsui JV Approves $1.9B Greater Enfield Project Off WA
The Woodside-Mitsui joint venture approves the development plan for the $1.9 billion Greater Enfield Project off Exmouth in Western Australia, with first oil planned for mid-2019.
8:00 PM EST | June 26, 2016
Japan Energy Spending Cuts Add Urgency to Securing Future Supply
Energy companies in Japan are slashing investments by more than one-third following the collapse in commodity prices, increasing pressure on Prime Minister Shinzo Abe's government to supplement exploration budgets.
8:00 PM EST | May 16, 2016
Japan's MOL Agrees Deal to Provide FSRU to Uruguay's Gas Sayago
Japan's Mitsui O.S.K Lines agreed to a charter contract with Gas Sayago for a floating storage and regasification unit to be deployed in Uruguay.
8:00 PM EST | May 11, 2016
NZOG Reports 15.3% Rise in Developed Reserves in Kupe Field Off Taranaki
New Zealand Oil & Gas reports a 15.29 percent rise in developed reserves in the Kupe oil and gas field off Taranaki, New Zealand.
8:00 PM EST | April 20, 2016
Santos Completes Sale of 35% Stake in Kipper Field Off Australia to Mitsui
Santos completes sale of a 35 percent stake in Kipper gas and condensate field in the Gippsland Basin, offshore Australia to Japan's Mitsui for $358.2 million.
7:00 PM EST | March 02, 2016
Genesis Energy Upgrades O&G Reserves at Kupe Field Offshore Taranaki
Genesis Energy upgrades its developed reserves in the Kupe oil and gas field offshore New Zealand's south Taranaki coast.
7:00 PM EST | December 08, 2015
MOL, Gas Sayago to Continue with Development of the Uruguay FSRU Project
Japan's Mitsui O.S.K. Lines to continue proceeding with the floating storage and regasification unit project led by Uruguay's Gas Sayago.
8:00 PM EST | October 05, 2015
Russia Oil Output at Post-Soviet High on Foreign Projects, Rosneft
Russian oil output reached a new post-Soviet monthly high of 10.74 million barrels per day in September thanks to foreign-led projects and Rosneft, according to Russia's Energy Ministry.
8:00 PM EST | October 01, 2015
Petsec Energy Completes Acquisition of 29.75% Stake in Yemen's Block 7
Australia's Petsec Energy completes acquisition of a 29.75 percent stake in Yemen's onshore Block 7 in the Al Barqa permit from Mitsui and AWE.
8:00 PM EST | September 30, 2015
Japan's MES Develops Next Generation Hull Platform for FPSO
Japan's Mitsui Engineering & Shipbuilding Co has developed the next generation hull platform for floating production, storage and offloading facility for the offshore oil industry.
8:00 PM EST | September 17, 2015
PTTEP Sells 20% Stakes in 2 Blocks in Myanmar to MOECO, Palang Sophon
Thailand's PTTEP sells 20 percent interest in two onshore blocks in Myanmar to Japan's MOECO and Thai-based Palang Sophon Offshore.
8:00 PM EST | August 30, 2015
Petrobras Said to Attract Mitsui in Brazil Gas Pipeline Sale
Petrobras has drawn interest from Mitsui & Co. in the sale of a package of natural gas pipelines, according to people with knowledge of the matter.
8:00 PM EST | May 07, 2015
MODEC Secures Japanese Partners in Petrobras FPSO Project
Three Japanese partners join MODEC to provide a floating production, storage and offloading vessel to Petrobras for the Tartaruga Verde and Tartar Mestica oil fields offshore Brazil.
8:00 PM EST | April 13, 2015
Thailand Puts Bidding For Oil, Gas Concessions On Hold
Thailand's military government will delay bidding for new oil and gas concessions indefinitely, pending an amendment to a petroleum law, Prime Minister Prayuth Chan-ocha says.
7:00 PM EST | February 23, 2015
Tethys Suspends LE-1 Exploration Well in Oman's Block 4 for Further Study
Tethys Oil suspends LE-1 onshore exploration well in Oman's Block 4 for further study.
7:00 PM EST | November 19, 2014
Japan's MOL To Launch Arctic Ocean LNG Route From Russia's Yamal In 2018
Japan's Mitsui OSK Lines is to begin transporting liquefied natural gas through the Arctic Ocean in 2018 using icebreaking LNG tankers.
8:00 PM EST | July 08, 2014
Petsec Energy Raises Stake in Yemen's Block 7 to 29.75%
Petsec Energy raises its stake in Yemen's Block 7 to 29.75% after acquiring 8.5% interest from Mitsui.
8:00 PM EST | June 01, 2014
Otis Energy Drops Plan to Acquire 8.5% Stake in Yemen's Block 7
Otis Energy drops plan to acquire an 8.5 percent stake in Block 7 in Yemen.
8:00 PM EST | May 21, 2014
Report: Russia's Yamal LNG Chooses Gas Carriers
The Yamal LNG project in Russia's Arctic region chooses Sovkomflot, Mitsui OSK and Teekay LNG to build gas carriers worth $5 billion.
8:00 PM EST | April 22, 2014
Tethys Oil Makes Discovery at B4EW6 Well in Oman
Tethys Oil makes new discovery at B4EW6 onshore exploration well in Oman.
7:00 PM EST | February 12, 2014
ONGC, Mitsui Sign MOU to Jointly Explore, Produce Hydrocarbons Globally
ONGC and Mitsui sign a memorandum of understanding for cooperation in the exploration and production of conventional and unconventional petroleum and natural gas opportunities in India and third countries.
7:00 PM EST | January 26, 2014
Japan's Chubu, Mitsui in Energy Tie-ups With India Firms
Chubu Electric Power and Mitsui are set to sign memorandums of understanding with Indian firms to cooperate in the energy sector, industry sources say.
7:00 PM EST | January 23, 2014
Japan Loans Mozambique $672M to Develop Access to Resources
Japan will lend Mozambique $672 million over five years, Prime Minister Shinzo Abe says, as the Asian nation seeks to secure access to the East African country's rich coal and gas reserves.
7:00 PM EST | January 12, 2014
Rosneft, Foreign-Led Firms Boost Russian Oil Output to Post-Soviet Record
Rosneft boosts Russian oil output to post-Soviet record with the help of foreign-led companies.
7:00 PM EST | December 01, 2013
Brazil Gears Up for Big Oil Auction Amid Heavy Security
Brazil gears sell production rights to its largest-ever oil discovery in a landmark auction that sparked widespread nationalist protests even though most of the world's premier energy companies opted to stay away.
8:00 PM EST | October 20, 2013
Woodside Says May Build 3 Floating LNG Plants for Browse
Woodside Petroleum could build three floating liquefied natural gas plants for its Browse project, according to its chief executive.
8:00 PM EST | October 14, 2013
AWE, NZOG, PPP to Acquire Mitsui 35% Stake in Tui Area Oil Project
AWE announces that remaining partners in Tui Area Oil Project off the Taranaki Basin in New Zealand will raise their stakes after Mitsui's decision to divest its 35 percent interest in the development.
8:00 PM EST | October 02, 2013
Mitsui, Marubeni, MOL Join MODEC in TEN FPSO Project
MODEC reports that Mitsui, Marubeni and Mitsui O.S.K Lines will participate in its project to supply a floating production, storage and offloading vessel for the TEN development off Ghana.
8:00 PM EST | September 29, 2013
Novatek Close to Pick Final Yamal LNG Partner – Paper
Novatek close to picking a third and final partner for its Yamal LNG project.
8:00 PM EST | September 25, 2013
Woodside's Net Profit Leaps to $2.98B on Strong Delivery from Pluto
Woodside clocks full-year net profit at $2.98 billion, up 97.9 percent from a year earlier as Pluto project delivers better-than-expected operational results.
7:00 PM EST | February 19, 2013
Tui JV to Drill Two Wells in Newly Mapped Area Offshore New Zealand
Partners in the offshore Taranaki Tui oil field aim to drill two wells in a newly mapped northern extension of the Pateke North field.
7:00 PM EST | January 28, 2013
BP Sells North Sea Assets to Mitsui
BP's sale is further evidence of BP's active asset management strategy after sale of Wyoming properties to LINN Energy on Monday.
8:00 PM EST | June 25, 2012
Mitsui Acquires Stake in Water Standard
Water Standard announced that Mitsui has acquired a minority interest in Water Standard as it pursues opportunities in the emerging global EOR market.
8:00 PM EST | May 30, 2012
Modec, Mitsui, Marubeni Charter FPSO for Cernambi Sul
MODEC, Mitsui and Marubeni have agreed that the cos will invest in a long-term charter business operated by MODEC for the purpose of providing an FPSO for use in Cernambi Sul offshore Brazil.
8:00 PM EST | March 22, 2012
Mitsui Agrees to $90M Settlement in Deepwater Spill Case
Mitsui has agreed to pay $90 million to settle its Clean Water Act liability from the Deepwater Horizon oil spill in the GOM.
7:00 PM EST | February 16, 2012
Salamander Farms Into Gulf of Thailand Block
Salamander Energy plc announced that its fully owned subsidiary, Salamander Energy Ltd has agreed to farm-in to Block G4/50 in the Gulf of Thailand, earning equity in the acreage from Mitsui Oil Exploration Co Ltd (MOECO).
8:00 PM EST | September 08, 2011
AWE Updates Al Meashar-2 Drilling Progress
AWE Limited updated the drilling program on the Al Meashar-2 appraisal well in Block 7,Yemen.
7:00 PM EST | December 15, 2010
Mitsui, Grace Ocean Enter Loan Agreement
Mitsui entered into agreements with Grace Ocean to provide a financial loan to Grace.
8:00 PM EST | September 20, 2010
BP: Mitsui Notified Co. It's Withholding Oil-Spill Payment
Mitsui & Co. has notified BP that it's withholding reimbursement payments for expenses related to the massive oil spill in the GOM.
8:00 PM EST | July 12, 2010
WestSide to Expand Alliance with Mitsui
WestSide has agreed to expand its alliance with Mitsui to potentially include the Company's coal seam gas (CSG) interests in ATP 688P in Queensland's northern Bowen Basin.
8:00 PM EST | May 31, 2010