MOL, Gas Sayago to Continue Uruguay FSRU Project
between Uruguay’s state oil company ANCAP and state power company UTE, to continue the floating storage and regasification unit (FSRU) project led by Gas Sayago. The government of Uruguay recently cancelled its contract with GNLS S.A., a 50-50 joint venture between ENGIE of France and Marubeni Corporation,and announced plans tocontinue the projectby using MOL’s FSRU. MOL also reached a basic agreement with Gas Sayago to go ahead with the project under the new project structure. In October 2013, MOL signed a 20-year charter contractfor anFSRU in the port of Montevideo, Uruguay,
FPSO Charter Bussiness for Offshore Brazil Oil Fields
MODEC, Mitsui, MOL and Marubeni to Proceed with the Deepwater FPSO Charter Project for Tartaruga Verde & Tartaruga Mestiça Oil Fields Offshore Brazil MODEC, Inc., Mitsui & Co., Ltd. Mitsui O.S.K. Lines, Ltd., and Marubeni Corporation have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business (“the Project”) currently promoted by MODEC for the purpose of providing a floating production, storage, and offloading system (“the FPSO”) for use in the Tartaruga Verde and Tartaruga Mestiça oil fields off the coast of Brazil.
Japan Floating Offshore Wind Turbine Project Update
The construction of the floating power facility consisting of a 2MW downwind-type wind turbine and a 4 Column Semi-Sub as part of Phase I has been successfully completed and their delivery to Fukushima is uderway. Background A consortium made up of Marubeni Corporation (project integrator), the University of Tokyo (technical advisor), Mitsubishi Corporation, Mitsubishi Heavy Industries, Ltd, Japan Marine United Corporation, Mitsui Engineering & Shipbuilding Co., Ltd, Nippon Steel & Sumitomo Metal Corporation, Hitachi, Ltd., Furukawa Electric Co., Ltd., Shimizu Corporation and Mizuho Informatio
Seajacks Orders Giant Wind Farm Installation Vessel
farms in deeper waters and further from shore. Since 2009, Seajacks has developed a track record of over 830MW of turbines installed and is currently constructing an additional 288MW at the Meerwind Offshore Wind Power Project in Germany. Based in Great Yarmouth (UK), Seajacks were acquired by Marubeni Corporation and Innovation Network Corporation of Japan in May 2012
FPSO Chartering Project for Brazilian Offshore Field
Mitsui & Co., Ltd., Mitsui O.S.K. Lines, Ltd. & Marubeni Corporation to participate in Ultra-Deepwater FPSO Chartering Project for Brazilian Offshore Pre-Salt Oil Field MODEC, Inc. Mitsui, MOL and Marubeni will invest in a long-term charter business operated by MODEC for the purpose of providing a floating production, storage, and offloading system (FPSO) for use in the Iracema Norte area of a pre-salt oil field off the coast of Brazil. Construction of the FPSO will involve the conversion of a VLCC (very large crude oil carrier), which will be renamed “FPSO Cidade de ITAGUAÍ
February 2025
