Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO: HASHIMOTO Osamu) has announced that new affiliate Mitsui Chemicals ICT Materia, Inc. (ICTM) is starting its business as of April 1, 2024. ICTM has been established as a film solutions company specializing in the ICT field. The company will supply film and sheet products required in the ICT industrial field, including semiconductor, electronic component, and photovoltaic panel manufacturing. In addition, ICTM will leverage the comprehen.
Tokyo-headquartered Mitsui & Co. has finalized an investment decision to develop a gas field 330 kilometers off Vietnam’s southern coast, with its share of development costs estimated at $740 million.
Production capacity is estimated to be 490 MMcfd, with production scheduled to begin by the end of 2026. In addition to the development of the upstream gas field, the Block B Project will also include a midstream development for gas transportation.
Corporate venture fund MOL PLUS, the investment arm of Japan’s Mitsui O.S.K. Lines is making its latest investment in marine energy company Fleetzero,.
The project, 330 km (205 miles) off southwest Vietnam, will comprise a gas field and a pipeline linking it to a gas-fired thermal power plant. Mitsui is making the investment through its unit Mitsui Oil Exploration (MOECO). Its partners are state oil and gas group Vietnam Oil and Gas Group (PVN), PetroVietnam Exploration Production Corp, PetroVietnam Gas Joint Stock Corp and Thailand s PTT Exploration and Production Public Company.
Japanese trading house Mitsui & Co said it has reached a final investment decision to develop Vietnam's Block B gas field, with its share of development cost of about $740 MM.
MAN Energy Solutions’ licensee, MITSUI E&S Co. Ltd., has announced that it has successfully tested a 50-bore MAN B&W two-stroke engine up to 100% load.