Marubeni Corp Company News

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$3.6B ADNOC Contracts Go to Tenaris, Others
Wednesday, August 21, 2019 ADNOC awards contracts for casing and tubing.

Peru Resumes LNG Exports With Shipment To South Korea
Tuesday, February 27, 2018 Peru has exported its first shipment of LNG in three weeks after a pipeline rupture.

JOGMEC, Inpex, Marubeni Ink Exploration Deal with Rosneft
Thursday, December 15, 2016 JOGMEC, Inpex Corporation and Marubeni Corporation sign a deal with Rosneft Oil Company to carry out joint exploration work in the southwestern offshore area of Sakhalin Island, Russia.

Indonesia's Small-Scale LNG Plans Face Several Challenges
Friday, April 15, 2016 Some analysts say small-scale LNG could be best for Indonesia, but one observer says it's more sensible to reform the gas sector.

MODEC Secures Japanese Partners in Petrobras FPSO Project
Tuesday, April 14, 2015 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.

Big Foot Platform Heads to Deepwater Gulf Home
Monday, March 16, 2015 Chevron's Big Foot platform is en route to its offshore home in the Walker Ridge area of the Gulf of Mexico.

Marubeni Joins GDF in Offshore LNG Receiving Terminal Project in Uruguay
Tuesday, March 18, 2014 Marubeni joins GDF Suez in an offshore liquefied natural gas receiving terminal project in Uruguay.

Marubeni, Pertamina to Cooperate on Indonesia's Gas Infrastructure Business
Thursday, February 20, 2014 Marubeni and Pertamina enter into a memorandum of understanding to cooperate on gas related infrastructure business in Indonesia.

Mitsui, Marubeni, MOL Join MODEC in TEN FPSO Project
Monday, September 30, 2013 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.

Faroe Completes Acquisition of East Foinaven Field
Friday, August 09, 2013 Faroe Petroleum completes its acquisition of a 10-percent stake in the East Foinaven oilfield in the North Sea.

Japan Far East Gas, Gazprom Ink MOU for Vladistok LNG Project
Monday, June 24, 2013 Inpex, together with partners in the Japan Far East Gas Co., Ltd., inks a Memorandum of Understanding with Gazprom for the Vladivostok LNG Project.

Rosneft, Marubeni Sign LNG Deal
Wednesday, April 17, 2013 Rosneft and Japan's Marubeni Corporation team up to build LNG plant and develop oil and gas fields in Russia's Far East.

Marubeni to Spend $1B for Gulfstar One Stake
Wednesday, February 06, 2013 Marubeni spends $1 billion to acquire a 49 percent stake in Gulfstar One, which is currently constructing a floating platform at the offshore Tubular Bells field.

Faroe to Acquire East Foinaven Interest
Friday, September 21, 2012 Faroe Petroleum has agreed to acquire a 10% non-operated interest in the East Foinaven Field and a 0.5 percent interest in the West of Shetland Pipeline System from Marubeni Oil & Gas (North Sea) Limited.

Modec, Mitsui, Marubeni Charter FPSO for Cernambi Sul
Friday, March 23, 2012 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.

Marathon to Sell Stake in Niobrara Shale Play
Wednesday, April 06, 2011 Marathon Oil has signed an agreement with Marubeni, under which Marathon will assign a portion of its interest in the Niobrara shale play

Buyer Fails Clearance for Noreco's Stake in Oselvar, Enoch Fields
Thursday, March 03, 2011 Noreco and Marubeni have been informed that the buyer does not yet fulfill the requirements applicable to a licensee on the Norwegian Continental Shelf.

KBR Wins FEED Contract for Chevron's Big Foot Topsides Project
Monday, November 02, 2009 KBR has been awarded a contract by Chevron for the front-end engineering and design (FEED) of the topsides for the proposed Big Foot development facility.

Enbridge to Construct Pipeline from Big Foot in Deepwater GOM
Monday, October 05, 2009 In partnership with a Chevron-led consortium, Enbridge will construct and operate an oil pipeline from the proposed Big Foot ultra-deepwater development in the Gulf of Mexico.

First Subsea Completes Thunder Hawk Mooring Connections
Wednesday, July 15, 2009 First Subsea has completed the installation of the twelve mooring connectors for the Thunder Hawk DeepDraft Semi, a semisubmersible floating production unit in 6,050 feet in the Gulf of Mexico.

StatoilHydro's Gulf of Mexico Output Doubles
Thursday, July 09, 2009 The third largest lease holder in the region, StatoilHydro has more than doubled its output from the U.S. Gulf of Mexico in the past few months.

Murphy Oil Pumps First Oil at Thunder Hawk
Wednesday, July 08, 2009 The Thunder Hawk field, located in Mississippi Canyon Block 734 in the Gulf of Mexico, has commenced production.

BP Taps GE O&G for 2 Engineering Studies at Offshore Foinaven Field
Tuesday, June 16, 2009 GE Oil & Gas has been selected by BP to conduct two initial engineering studies for the Foinaven oil field, for subsea processing and power-from-shore systems respectively.

Helix Completes Thunder Hawk PLET Installation in Deepwater GOM
Thursday, June 11, 2009 Helix Energy Solutions successfully completed installation of two 86-ton pipeline-end-termination modules as a prelude to initiating production on Murphy Oil's Thunder Hawk development in the deepwater Gulf of Mexico.

Venezuela's Projects with Japan Cos May Lead to $33.5B Investment
Tuesday, April 07, 2009 Venezuelan President Hugo Chavez said Tuesday the country's possible energy projects with Japanese companies may lead to $33.5 billion in investment.

Japan, Venezuela Enter Pact on Energy Projects
Monday, April 06, 2009 Venezuela signed agreements with six Japanese companies concerning feasibility studies to develop Orinoco Tar and an offshore natural gas block.

Japan Inks First South American Pact; Targets Orinoco Tar, LNG
Thursday, March 19, 2009 Japan and Venezuela signed a memorandum of understanding on energy cooperation Thursday that may give Japan access to an oil sands-like tar in the Orinoco basin and upstream liquefied natural gas.

BP Makes Discovery on Kodiak Prospect
Thursday, April 03, 2008 BP America has made an oil discovery at its Kodiak prospect in the deepwater Gulf of Mexico. The well encountered about 500 net feet of hydrocarbon-bearing sands in Middle and Lower Miocene reservoirs.

Marubeni Succeeds in UK North Sea Exploration
Wednesday, March 05, 2008 Marubeni North Sea Ltd. and its partner Talisman Energy Ltd. completed appraisal drilling on the Cayley condensate gas discovery in the UK Central North Sea.

First Subsea to Supply 12 Ballgrab SMCs for Thunder Hawk FPU
Friday, February 15, 2008 First Subsea Ltd is supplying twelve Ballgrab subsea mooring connectors to SBM Atlantia for the Thunder Hawk, semi-submersible, floating production unit in 6,050 feet (1,800m) of water in the ultra-deep Gulf of Mexico.

Marathon, Partners Make Early LNG Delivery from Bioko Island
Thursday, May 24, 2007 Marathon Oil Corp. and its partners on Thursday announced the delivery of the first cargo of liquefied natural gas (LNG) from their Train 1 LNG project on Bioko Island, Equatorial Guinea.

Statoil Seals Steel Deals for Drilling, Developments
Friday, May 18, 2007 New framework agreements worth an estimated NOK 13.2 billion will secure Statoil's need for casings, tubing and pipeline steel for the next five years.

Murphy Oil Gets Thunder Ridge Results
Friday, December 01, 2006 Murphy Oil reports that its Thunder Ridge exploration well located in Mississippi Canyon Block 737 has been temporarily plugged and abandoned.

Marathon and Partners Award FEED Contract for Train 2 in Equatorial Guinea
Wednesday, August 23, 2006 Marathon Oil has awarded a front end engineering and design (FEED) contract to Bechtel for initial work related to a potential second liquefied natural gas (LNG) train on Bioko Island, Equatorial Guinea.

Pioneer Divests $1.3 Billion in Gulf Assets
Wednesday, March 29, 2006 Pioneer Natural Resources has closed the sale of various deepwater Gulf of Mexico assets to Marubeni Corp. for $1.3 billion in cash before normal closing adjustments, which are estimated to be approximately $140 million.

OMV Closes Sale of E&P Assets in Qatar
Thursday, March 09, 2006 OMV has closed the sale of its 7.5% interests in block 12 and 13 in Qatar on March 8. The respective sales agreement was signed on August 22, 2005 with Marubeni Corporation of Japan.

Pioneer Sells Deepwater Gulf of Mexico Assets
Thursday, February 23, 2006 Pioneer Natural Resources has entered a deal to sell its deepwater U.S. Gulf of Mexico assets to Marubeni for $1.3 billion.

Norwegian Petroleum Directorate Pre-Qualifies Marubeni
Wednesday, August 17, 2005 The Japanese company Marubeni Oil & Gas has been pre-qualified as a licensee on the Norwegian shelf.

Paladin Receives DTI Approval for Brechin Field Development
Monday, November 29, 2004 Paladin Resources and its joint venture partner, Energy North Sea Limited, a subsidiary of Marubeni Corporation, have received DTI approval for the development of the Brechin oil field which is located close to the Montrose, Arbroath and Arkwright ('MonArb') field complex.

Venture Secures 100% Stake in Trees Area of the North Sea
Wednesday, September 01, 2004 Venture Production has entered into an agreement to acquire interests in five UKCS blocks from Marubeni Oil and Gas (U.K.) Limited.