Japan News

James Fisher Launches Japanese Business Unit

Feb 18, 2025

James Fisher and Sons, a global provider of specialist services to the energy, marine and defense industries, has launched new legal entity in Japan, reinforcing its long-term commitment to Japan and its footprint in North East Asia.The move…

Mitsubishi Reassessing Japan Offshore Wind Projects Amid Market Changes

Feb 03, 2025

Mitsubishi Corp on Monday said it is reviewing how to proceed with its offshore wind projects in Japan given a 'significantly changed' business environment, showing that the country is not immune to rising costs across offshore wind projects globally…

Mitsubishi Reports $342M Impairment Charge on Japan’s Offshore Wind

Feb 06, 2025

Japan's Mitsubishi took a 52.2 billion yen ($342.4 million) impairment charge on its domestic offshore wind projects in the nine-month period ended in December, it said on Thursday.The trading house said on Monday it is reviewing how to proceed…

Japan's Mitsui Eyes Alaska LNG Project

Feb 04, 2025

Japanese trading house Mitsui could consider studying a project to liquefy natural gas (LNG) in the U.S. state of Alaska, but no decisions have been made yet, Chief Financial Officer Tetsuya Shigeta said on Tuesday.Japan is considering offering…

Seatrium to Build Heavy Lift Vessel for Japan’s Offshore Wind Market

Jan 27, 2025

Seatrium has been awarded a contract by Japan-based Penta-Ocean Construction (POC) to carry out the engineering, procurement and construction for a 5,000-ton fully revolving heavy lift vessel project for the Japanese offshore wind market.This…

Equinor Tries Again for a Japan Offshore Wind Lease

Oct 22, 2024

Norwegian energy company Equinor has submitted a bid to develop an offshore wind farm together with other companies in the latest round of Japan's state auctions, two sources said, as it seeks a foothold in the fledgling market.Equinor's bid…

BP and Partners Secure Rights for 450MW Offshore Wind Farm in Japan

Dec 24, 2024

BP and its consortium partners have been selected to develop a 450 MW offshore wind farm in Japan.Aside from BP, the consortium partners include Tokyo Gas, Marubeni Corporation, Kansai Electric Power, and Marutaka Corporation.The 450 MW project will be developed offshore Yuza Town…

JERA-Led Consortium to Develop Japan’s 615MW Offshore Wind Project

Dec 24, 2024

JERA-led consortium, which also includes Green Power Investment and Tohoku Electric Power, have been granted operatorship of a planned 615 MW offshore wind project in Japan.The project is located in the Sea of Japan offshore Aomori Prefecture…

Toyo Buys SMD’s ROV Trencher for Japan’s Offshore Wind Sector

Dec 19, 2024

Toyo Construction has acquired a trenching ROV from underwater technology and services company SMD, as part of its investment strategy aimed at Japan’s emerging offshore wind sector.The ROV will form part of Toyo’s expanding fleet of assets…

BP and JERA Combine Offshore Wind Units to Form JERA Nex BP Joint Venture

Dec 09, 2024

Energy major BP and Japan’s largest power generation company JERA have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture that will become one of the largest global offshore wind developers…

Acteon and TAISEI Join Forces for Floating Wind Projects in Japan

Oct 08, 2024

Acteon, the international  marine energy and infrastructure services business, has signed a non-exclusive memorandum of understanding (MoU) with TAISEI Corporation that sets out how the companies will use each other’s skills and services for floating offshore wind projects in Japan…

A Look Inside the East Asia & Pacific Offshore Wind Markets

Aug 16, 2024

Whereas the foundations of commercial offshore wind development are found in Europe (and Europe will remain the largest overall regional market for offshore wind activity in the coming decade), the rapid development of the large East Asia and…

CCS Firms Secure CO2 Acreages Off Australia

Aug 07, 2024

deepC Store and Azuli International have been awarded Greenhouse Gas Assessment Permit (GHG Acreages) in the Bonaparte and Browse Basins off Australia, and have entered into a joint study agreement for a strategic partnership with Japanese company J-POWER…

Japan's Industry Minister to Visit Key Offshore Wind Site

Jun 25, 2024

Japanese Industry Minister Ken Saito will visit Akita in northern Japan on Saturday to discuss the development of offshore wind power with industry and government officials, the ministry said on Tuesday.The move aligns with Japan's increased efforts to boost the deployment of renewable energy…

Japan Could Be Energy-independent by 2060

Jun 14, 2024

Japan, a major coal and liquefied natural gas (LNG) buyer, could be energy-independent by 2060 thanks to expansion of solar and wind power together with storage batteries, said Jarand Rystad, chief executive of the Rystad Energy consultancy…

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