Inpex Corp - Company Profile
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Business Description
Inpex Corp (Inpex), is an integrated energy company. It carries out the discovery, drilling, gathering and selling of crude oil and natural gas; refining, marketing and sales of crude oil, condensate, LPG, natural gas and LNG. The company also generates electricity.
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R&D Overview
Inpex R&D activities focus on, developing new technologies for the oil and gas industry, and unexplored technologies in net zero businesses such as CCUS, low-cost hydrogen production and other business areas. The company intends to grow I-Research Hub for Energy Transformation (RHEX) as an open platform for R&D applying oil and natural gas development technologies to clean energy technologies and the development of advanced technologies. Inpex operates a Technical Research Center in Kitakarasuyama, Setagaya-ku. The company also collaborates with universities, research institutes and other companies for new technology development. In FY2022, the company spent JPY1,910 million on R&D, which was 0.1% of the company’s total revenue.
Product Categories
Performance
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Performance
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Performance
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Performance
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Geographical Segments
Overview
Has interests in 11 oil and gas projects. Of these, five are in production, four are under exploration and two is in preparation for development. - 45.09% working interest in shale gas projects in Horn River, Cordova and Liard areas in British Columbia, Canada - 35% interest in R2.4 Block 22 (Salina) in Mexico -15% interest in the BM-ES-23 concession in the Espirito Santo Basin off the southeast coast of Brazil.
Performance
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Overview
- Main operating countries are Australia, Indonesia and East Timor. - Holds interests in Ichthys LNG, Abadi LNG, Tangguh LNG and Prelude FLNG projects. - Major projects include Sebuku Block (13.5%), Masela Block (65%), WA-50-L (60.2%), WA-51-L (60.2%), G-7-AP (53%), interest in 16 exploration blocks surrounding Ichthys LNG Project, WA-44-L Block (17.5%), Tangguh LNG Project (7.79%), Van Gogh oil field (47.5%), Coniston Oil field (47.5%), Ravensworth oil field (28.5%), PSC-TL-SO-T 19-11 block (35.47%) and Bayu-Undan project (11.4%).
Performance
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Overview
It includes the company’s business primarily in Kazakhstan and Azerbaijan. - 7.56% working interest in offshore North Caspian Sea Contract Area (Kashagan oil field and others) in Kazakhstan, and 9.31% interest in Azeri-Chirag-Gunashli (ACG) oil fields in south Caspian Sea in Azerbaijan z. - 2.5% interest in the 1,770 km BTC pipeline, which stretches from Baku in Azerbaijan on the coast of the Caspian Sea to Ceyhan in Turkey - BTC pipeline - transportation capacity of 1.2 MMbbl/d.
Performance
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Overview
-Has its interests in the Minami-Nagaoka gas field in Niigata Prefecture and participates in other oil and natural gas projects. -Operates domestic trunk pipeline network of approximately 1,500 kms stretching across the Kanto, Koshinetsu and Hokuriku regions. -Operates Naoetsu LNG terminal in Joetsu City in Niigata Prefecture in Japan.
Performance
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Overview
It includes the company’s business operations primarily in UAE. - Has interests in Abu Dhabi onshore block, Onshore Block 4; and offshore oil fields including Lower Zakum, Upper Zakum and Satah/ Umm Al-Dalkh through Japan Oil Development Co (JODCO).
Performance
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