Japan’s Mitsubishi Heavy Industries (MHI) has formed a specialized Oil & Gas Division within its Houston-based U.S. subsidiary, Mitsubishi Heavy Industries America (MHIA).
MHI said on Tuesday that the new division would provide a one-stop shop for solutions to the upstream, LNG, and downstream markets.
MHI President and CEO Shunichi Miyanaga said: “Many of MHI’s leading technologies trace their origins back to the U.S. and 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), will serve as the president of the newly-established division.
Osaki said: “I am convinced that the oil, gas and petrochemical industry in the U.S. will continue its robust development. 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 opened an office in downtown Houston and 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.
The Japanese company has 7,300 employees in over 100 offices and factories located in 30 states across the U.S. and moved its U.S. Head Office to Houston last year.
Houston is also home to the head office and factory of Mitsubishi Heavy Industries Compressor International Corporation and a service base of the local subsidiary of Mitsubishi Hitachi Power Systems (MHPS).