Waldorf Production is nearing a deal to acquire oil and gas assets in the British and Dutch North Sea from ONE-Dyas for more than $1 billion, industry sources said on Friday.Under the terms of the emerging deal, private equity-backed Waldorf Production has also agreed to buy assets in Norway and Gabon from ONE-Dyas should the privately-owned company fail to find other buyers, the sources said.Many…
Japanese firms Mitsui O.S.K. Lines and MOL Marine & Engineering Co (MOLMEC) have been granted basic approval from ClassNK for two new training courses related to offshore wind power generation. The courses, for power cable laying and anchor handling training…
Austrian company OMV appointed Berislav Gašo (48) as the new Executive Board Member responsible for its Energy segment. Gašo has accepted the appointment. He will assume the position with effect from March 1, 2023. The appointment spans a three-year period…
Indonesia's state-owned energy firm Pertamina will explore the development of green hydrogen and ammonia projects in the country, along with Singapore-based Keppel Infrastructure and global oil major Chevron as part of a joint study agreement signed on Thursday…
Chevron Corporation and Japan's Mitsui O.S.K. Lines (MOL) have signed an agreement to study the feasibility of transporting liquefied carbon dioxide from Singapore to permanent storage locations offshore Australia. Chevron New Energies International Pte…
Japan's Mitsui OSK Lines (MOL) said on Wednesday it had signed a long-term charter contract with the new Russian operator of the Sakhalin-2 liquefied natural gas (LNG) project for LNG carrier Grand Mereya to continue its shipping service.Russian…
deepC Store, Mitsui O.S.K. Lines, (MOL) and Technip Energies have entered into a Letter of Intent that should lead to the construction of a Floating Storage & Injection (“FSI”) Hub facility for dCS’s CStore1 carbon capture and storage project offshore Australia…
Croatian oil and gas company INA said on Wednesday Sandor Fasimon, president of INA's management board, is to step down from his post.Last month, Croatian authorities accused an organised crime gang of defrauding INA of 1 billion kuna ($131…
Lime Petroleum, a subsidiary of Rex International has signed an agreement with MOL Norge, a Norwegian subsidiary of Hungarian oil company MOL, to acquire MOL's 40 percent interest in two licenses in the North Sea, offshore Norway.The licenses being acquired are the licenses PL820 S and PL 820 SB…
Hungarian oil and gas company MOL has signed a deal to sell its entire upstream portfolio in the UK North Sea to Waldorf Production.The divested offshore assets include MOL’s 20% stake in the Catcher field, a 50% stake in Scolty & Crathes, and a 21…
Japan-based shipping in giant Mitsui O.S.K. Lines, Ltd. (MOL) and its compatriot Toyo Construction have signed a Memorandum of Understanding (MoU) on evaluating potential collaboration in the offshore wind space.The companies aim to open up…
Malaysia's state energy firm Petronas said on Wednesday it has signed an agreement with Japanese shipping company Mitsui O.S.K Lines (MOL) to explore opportunities in liquefied carbon dioxide (CO2) shipping in Asia Pacific and Oceania regions…
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has partnered up with Scotland-based floating wind specialist Flotation Energy to jointly evaluate offshore wind development opportunities in Japan. The agreement builds on the 2GW portfolio…
Asia's first newbuild service operation vessel (SOV) has been launched in Vietnam.The hybrid-electric TSS Pioneer is being built by Vard Vung Tau for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O.S.K. Lines Ltd. (MOL) and Ta Tong Marine Co…
Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL) said Friday that its proposed wave power project in Mauritius was selected for Japan's Ministry of Economy, Trade, and Industry (METI) subsidy programs.MOL said it had conducted natural…
