General – CSOV Business
MOL has decided to jointly own two Commissioning Service Operation Vessels (CSOVs) with Schoeller Holdings, with delivery scheduled in 2027.
[Read more…] about MOL makes first entry into European Offshore Wind CSOV BusinessMOL and NOC establish strategic partnership
General – MoU
MOL Group has entered into a new strategic partnership with Libya’s National Oil Corporation (NOC).
[Read more…] about MOL and NOC establish strategic partnershipCapacity tests Adria pipeline failed
General – Testing
Last week, MOL and Janaf conducted several joint tests on the Adria crude oil pipeline, but the latest results do not yet confirm that the pipeline would be capable of delivering sufficient volumes of crude oil for Hungary and Slovakia from the Adriatic Sea in the long term.
[Read more…] about Capacity tests Adria pipeline failedCIP divested 10% stake in Fengmiao OWF
Wind Energy – Co-investment
Copenhagen Infrastructure Partners has divested a 10% stake in the 495MW Fengmiao I offshore wind farm in Taiwan to Japanese shipping company Mitsui O.S.K. Lines (MOL).
[Read more…] about CIP divested 10% stake in Fengmiao OWFMOL Group signed cooperation agreement with Kazakhstani
Fossil Energy – Cooperation Agreement
MOL Group and Kazakhstani national oil company KazMunayGas (KMG) have signed a cooperation agreement to explore oil, gas and petrochemical opportunities.
[Read more…] about MOL Group signed cooperation agreement with KazakhstaniStrategic partnership for hydrocarbon explorations
General – Hydrocarbons
MOL Group signed a Memorandum of Understanding with Turkish Petroleum Corporation (TPAO) in Istanbul to cooperate as strategic partners in the exploration and production of hydrocarbons.
[Read more…] about Strategic partnership for hydrocarbon explorationsMOL signed agreement to develop gas reserves in Azerbaijan
Fossil Energy – ACG Field
MOL Group and its Joint Venture (JV) partners signed commercial agreements for the development of gas reserves in Azerbaijan.
[Read more…] about MOL signed agreement to develop gas reserves in AzerbaijanMOL and Petrobras signed CTV time charter contract
General – CTV Contract
Mitsui O.S.K. Lines announced that its wholly owned subsidiary, SeaLoading Holding, which owns and operates cargo transfer vessels (CTVs), has signed a charter contract for the CTV SeaLoader 2 with Petrobras.
[Read more…] about MOL and Petrobras signed CTV time charter contractMOL invests in floating wind tech firm Odfjell Oceanwind
Wind Energy – Japanese Investment
Japanese shipping firm Mitsui OSK Lines (MOL) has invested in Odfjell Oceanwind, a floating offshore wind technology developer based in Norway.
[Read more…] about MOL invests in floating wind tech firm Odfjell OceanwindStrengthening alliance for floating offshore wind technology
Wind Energy – Floating Wind
Dutch floating wind technology developer TouchWind and Japanese shipping company Mitsui O.S.K. Lines (MOL) are planning to strengthen their alliance.
[Read more…] about Strengthening alliance for floating offshore wind technology