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Marubeni reportedly planning sale of North Sea oil and gas fields

Jan 15, 2021
Marubeni Corp. could all but exit the U.K. North Sea as it looks to sell its main oil and gas fields in the region, according to people with knowledge of the matter.
The Tokyo-based company is working with Jefferies Financial Group Inc. on the sale of its non-operated stake in the MonArb area, the people said, asking not to be identified because the information is confidential. A disposal would follow the retreat of other Japanese firms and several international oil majors from the aging basin to focus on larger operations elsewhere.
The MonArb asset, which lies in the Central North Sea, comprises the Montrose, Arbroath, Arkwright, Brechin, Wood, Godwin, Cayley and Shaw fields, according to data from Wood Mackenzie Ltd. Marubeni holds a 41% interest in the area, while Repsol Sinopec Resources is the operator and owns the remaining stake, according to the U.K. Oil & Gas Authority (OGA). ....

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Global Bar Loaders Market 2020 Influences Factors, Growth Strategy, Scenario in Sales, Revenue, Estimates and Forecasts 2025

Global Bar Loaders Market 2020 Influences Factors, Growth Strategy, Scenario in Sales, Revenue, Estimates and Forecasts 2025
sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.

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Prime minister approves investment planning of O Mon II thermal power plant

Prime minister approves investment planning of O Mon II thermal power plant
15:08 | 06/01/2021
O Mon II thermal power plant is expected to come into commercial operation within 3-4 years
The investor of O Mon II thermal power plant (TPP) is a joint venture between Vietnam Trading Engineering Construction JSC (Vietracimex) and Marubeni Corporation from Japan.
The investor is in charge of calculating the accurate investment capital to feature in the feasibility report to ensure the effectiveness and competitiveness of the project.
Electricity of Vietnam (EVN) was assigned to check and evaluate the total investment value of the project in order to ensure a reasonable price in the power purchase agreement between the two parties. ....

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Companies Accelerate Shutdown of Chilean Coal Plants

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Companies Accelerate Shutdown of Chilean Coal Plants
Italy’s Enel is decommissioning one of its coal-fired power plants in Chile two years sooner than originally planned, with the unit’s closure coming two days after the Chile-based unit of a U.S. utility announced it would accelerate the closure of a pair of coal-fired power plants in the country.
Enel on Dec. 31 is closing its 128-MW Bocamina 1 coal-fired power station. The company also is awaiting authorization from Chile’s National Energy Commission (CNE) to close its 350-MW Bocamina 2 plant in May 2022. ....

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South Africa Cancels Thabametsi Coal-Fired Power Project, an Industrial Info Market Brief

South Africa Cancels Thabametsi Coal-Fired Power Project, an Industrial Info Market Brief
Industry Segment: Market Brief | Word Count: 157 Words
Attachment: A
South Africa has overturned environmental approval of the 1,200-megawatt (MW) Thabametsi coal-fired power project, which was being developed by Japan s Marubeni Corporation and South Korean state utility, KEPCO. The investors participating in the project had already pulled out, citing environmental and climate change concerns. ....

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