Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 13 December 2019, 15:25 HKT/SGT
Share:
    

Source: Mitsubishi Corporation
Mitsubishi Corporation Participates in FPSO Project in Brazil
Contract Signed with Petroleo Brasileiro S.A. for Charter, Operation and Maintenance of FPSO

TOKYO, Dec 13, 2019 - (JCN Newswire) - Mitsubishi Corporation (MC), together with Nippon Yusen Kabushiki Kaisha (NYK Line), has entered into a joint venture with SBM Offshore N.V. (SBM), a global leader in the FPSO sector, for the charter, operation, and maintenance of a Floating, Production, Storage, and Offloading (FPSO(1)) system for Petrobras.




FPSO Cidade de Saquarema


To be installed at the Mero Oil Field(2) off the Brazilian coast, this FPSO, named FPSO Sepetiba, is scheduled to commence operations in 2022. Through its participation, MC will help develop and ensure stable production from offshore oil and gas resources in Brazil.

This will be MC's fifth joint FPSO project with SBM and its first in six years in Brazil, the last being the Cidade de Marica and Cidade de Saquarema FPSOs in 2013. MC plans to continue expanding its FPSO and other offshore businesses around the world.

(1) FPSO
A floating production, storage, and offloading unit is a floating vessel used to store crude oil produced from offshore oil fields after removing solid materials, water and gas before it can be offloaded onto a tanker for shipment or transported through a pipeline.
(2) Mero field
An offshore oil field located 180 kilometers off the coast of Rio de Janeiro, Brazil at a depth of 2,000 meters. Mero is owned by a consortium of companies that includes Petrobras, Shell, and others.


About Mitsubishi Corporation

Mitsubishi Corporation, headquartered in Tokyo, is a global integrated business enterprise that develops and operates business across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. Mitsubishi Corporation's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods.

For more information on Mitsubishi Corporation, please visit the company's website at https://www.mitsubishicorp.com/jp/en/.

Contact:
Mitsubishi Corporation
Telephone:+81-3-3210-2171 
Facsimile:+81-3-5252-7705



Dec 13, 2019 15:25 HKT/SGT
Source: Mitsubishi Corporation

Mitsubishi Corporation (TSE: 8058)

Topic: Press release summary
Sectors: Oil & Gas
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2020 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Mitsubishi Corporation Links

http://www.mitsubishicorp.com

https://ph.linkedin.com/company/mitsubishi-corporation

Mitsubishi Corporation
Jan 8, 2020 08:37 HKT/SGT
Mitsubishi Corporation Joins PET Chemical Recycling Business
Dec 20, 2019 18:33 HKT/SGT
Mitsubishi Corporation and NTT Agree to Form a Business Partnership to Pursue "Industrial Digital Transformation (DX)"
Dec 11, 2019 14:00 HKT/SGT
MC: Installation of a Utility-Scale Rooftop Photovoltaic System and Battery Energy Storage System Reusing EV Batteries at Okazaki Plant in Japan
Dec 4, 2019 15:35 HKT/SGT
Mitsubishi Corporation: Dedicated Biomass Power Generation at Suzukawa Energy Center
Dec 3, 2019 15:49 HKT/SGT
Mitsubishi Corporation Establishes New Tech Subsidiary, MC Digital
Nov 25, 2019 16:18 HKT/SGT
MC and Chubu Named Preferred Buyers in Bid for Dutch Energy Company "Eneco"
Nov 1, 2019 16:47 HKT/SGT
Mitsubishi Corporation: 50th Year Anniversary of LNG (Liquefied Natural Gas) in Japan
Sept 4, 2019 13:50 HKT/SGT
Mitsubishi Corporation Invests in Finland's MaaS Global Ltd.
Aug 28, 2019 09:42 HKT/SGT
Mitsubishi Corporation to Invest in Next Generation Utility BBOXX Limited
Aug 9, 2019 16:05 HKT/SGT
Notice of Signing Basic Agreements for Airport Operation of the Seven Airports in Hokkaido
More news >>
 News Alerts
Copyright © 2020 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: