Mitsubishi Heavy Industries : Expands North American Oil & Gas Business within MHIA MHI establishes new oil & gas division to provide one stop solutions
January 24, 2017 at 04:10 am IST
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Tokyo, January 23, 2017- Mitsubishi Heavy Industries, Ltd. (MHI) has established a specialized Oil & Gas Division within Mitsubishi Heavy Industries America, Inc. (MHIA), its Houston-based U.S. subsidiary. By strengthening the combined functions for various products handled by the Group, such as compressors and gas turbines, MHI will provide one stop solutions to the upstream, LNG (Liquefied Natural Gas) and downstream markets.
Test Stand for Compressor Train
'Many of MHI's leading technologies trace their origins back to the U.S.' said MHI President and CEO Shunichi Miyanaga 'We are pleased to be able to offer the technologies we have honed in Japan to customers in the U.S. from a local base.'
Hiroaki Osaki, president of Mitsubishi Heavy Industries Compressor Corporation (MCO), serves as president of the newly-established division.
'I am convinced that the oil, gas and petrochemical industry in the U.S. will continue its robust development,' Osaki stated. 'It is my responsibility to create synergies across MHI's product lines and utilize our vast R&D network to seek out new technologies, innovations, and services that will drive value for customers and broaden the MHI Oil & Gas portfolio.
MHI's Oil & Gas Division has opened a dedicated office in downtown Houston, The division will focus on identifying, developing, and leading business opportunities for turbomachinery and engineered solutions including growth areas such as floating production, LNG, plant modularization, CO2 EOR, gas processing and petrochemicals. , .
MHI group has 7,300 employees in over 100 offices and factories located in 30 states across the U.S. MHI's relocation of its U.S. Head Office in Houston last year, established deeper roots in an important city for America's energy and oil & gas businesses, bringing MHI closer to its customers and manufacturing sites. The MHI Group will work in close collaboration across group companies and through the MHIA Oil & Gas Division and continue to expand business in the North American market.
Houston is also home to the head office and factory of MCO's U.S. subsidiary Mitsubishi Heavy Industries Compressor International Corporation (MCO-I) and a service base of the local subsidiary of Mitsubishi Hitachi Power Systems, Ltd. (MHPS).
Mitsubishi Heavy Industries Ltd. published this content on 24 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 January 2017 22:40:04 UTC.
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Mitsubishi Heavy Industries, Ltd. is a diversified group organized around 4 business segments:
- manufacturing of systems and components for energy production units (42.6% of net sales): offshore wind turbines, pumps, turbochargers, reactors, compressors, aero-engines, gas turbines, nuclear power generators, etc.;
- shipbuilding and industrial construction (41.1%): construction of ships, land transport systems, machinery and industrial installations, environmental systems (industrial wastewater treatment systems, air pollution control units, marine pollution prevention systems, waste incinerators, etc.), handling equipment, machine tools, air conditioning and refrigeration systems, toll systems, etc.;
- construction of avionics, defence and aerospace systems (15.7%);
- other (0.3%).
Net sales are distributed geographically as follows: Japan (48.9%), Asia (17.4%), the United States (14.8%), Europe (9.4%), Middle East (2.9%), Central and South America (2.8%), Africa (1.3%) and other (2.5%).
Mitsubishi Heavy Industries : Expands North American Oil & Gas Business within MHIA MHI establishes new oil & gas division to provide one stop solutions