Table of Contents
Table of Contents 3
List of Tables 7
List of Figures 8
Inpex Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 9
Inpex Corp, Oil & Gas Deals By Type, 2012 to YTD 2018 10
Inpex Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 11
Inpex Corp, Oil & Gas, Deals By Sector, 2012 to YTD 2018 12
Inpex Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 13
Inpex Corp, Oil & Gas, Deal Details 15
Asset Purchase 15
Inpex Completes Acquisition Of 40% Interest In Exploration License PL767, Offshore Norway From Bayerngas Norge 15
INPEX To Acquire Additional 28% Stake In Umm Al Dalkh Oil Field, Offshore Abu Dhabi From ADNOC 16
Inpex Acquires 5% Interest In ADCO Onshore Concession In UAE From ADNOC 17
Teikoku Oil Acquires Additional 0.55% Interest In Lucius Project, Gulf of Mexico From Apache 18
Apache Completes Sale Of Deepwater Gulf of Mexico Assets To Freeport-McMoRan And Other Working Interest Owners For US$1.4 Billion 19
Inpex Uruguay Completes Acquisition Of 30% Interest In Exploration Area 15, Offshore Uruguay, From Tullow Uruguay 21
Inpex And Shell Complete Acquisition Of 10% Interest In Masela PSC Block (Abadi LNG Project), Offshore Indonesia, From EMP Energi Indonesia For US$313 Million 22
Inpex Mozambique Acquires 25% Interest In Exploration License – Block 2 And 5, Offshore Mozambique, From Statoil Oil & Gas Mozambique 23
Inpex Completes Acquisition Of 9.99% Interest In Block 14, Offshore Angola, From Total 24
Inpex Completes Acquisition Of 26% Stake In Exploration Block KG-DWN-2004/6 In India From ONGC 25
Teikoku Oil Completes Acquisition Of 7.2% Working Interest In Lucius Project In Keathley Canyon Area Of Gulf Of Mexico From Anadarko Petroleum For US$556 Million 26
INPEX Completes Acquisition Of 40% Participating Interest In Shale Gas Projects In British Columbia From Nexen For US$675 Million 28
Inpex Acquires 50% Participating Interest In Block AC/P36, Offshore Australia From Murphy Oil 30
INPEX Oil & Gas Australia Completes Acquisition Of 17.5% Participating Interest In Prelude Floating LNG Project In Australia From Shell Development (Australia) 31
INPEX Acquires 75% Stake In Block S In Malaysia From PETRONAS 32
INPEX And JX Nippon Acquire 75% Interest In Block R In Malaysia From PETRONAS 33
Partnerships 34
Inpex To Form Joint Venture With Rosneft To Develop Magadan Blocks 34
Asset Transactions 35
Pertamina Completes Acquisition Of Operatorship Interest In Mahakam Gas Block, East Kalimantan From Total And Inpex 35
Mitra Energy To Acquire 30% Stake In Block 05-1 PSC In Vietnam From Inpex 37
Carnarvon Petroleum Completes Acquisition Of 28.5% Interest In Block WA-155-P, Offshore Australia From Inpex Alpha 39
Pertamina Plans To Acquire Certain Interest In Abadi Floating LNG Project, Offshore Indonesia From Inpex And Shell 40
Sibley Petroleum To Acquire Inpex’s 25% Stake In Onshore Block SL20183 In Louisiana 41
Santos Completes Acquisition Of 10% Interest In Deepwater Block R Offshore Malaysia From Inpex 42
Kansai Electric Power Completes Acquisition Of 1.2% Interest In Ichthys LNG Project, Offshore Australia From Inpex 43
CPC Completes Acquisition Of 2.625% Interest In Ichthys LNG Project Offshore Australia From Inpex 44
Santos Completes Acquisition Of 25% Stake In Block S PSC Offshore Malaysia From Inpex 45
Pertamina Completes Acquisition Of 15% Interest In Babar Selaru Block, Offshore Indonesia From Inpex For US$5.6 Million 46
Tullow Suriname To Acquire 30% Interest In Block 31, Offshore Suriname From Teikoku Oil 47
Chubu Electric Power Completes Acquisition Of 0.735% Interest In Ichthys LNG Project In Australia From INPEX 48
Toho Gas Completes Acquisition Of 0.42% Stake In Ichthys LNG Project In Australia From INPEX 49
Total Completes Acquisition Of Additional 6% Joint Venture Stake In Ichthys Liquefied Natural Gas Project In Australia From INPEX 50
INPEX Sells 1.57% Interest In Ichthys LNG Project In Australia To Tokyo Gas 51
Acquisition 52
Japan Petroleum To Sell Stake In INPEX North Caspian Sea To Inpex 52
PT Medco Daya To Acquire INPEX Natuna From Inpex For US$167 Million 53
Inpex And Itochu Acquire Interest In Japan South Sakha Oil From Japan Oil 54
Inpex Corp – Key Competitors 55
Inpex Corp – Key Employees 56
Inpex Corp – Locations And Subsidiaries 59
Head Office 59
Other Locations & Subsidiaries 59
Affiliate 62
Joint Venture 63
Recent Developments 64
License Rounds 64
Jun 21, 2017: PEDEC: Iran’s Azadegan Oilfield Tender Delayed For Months 64
License Awards 65
Apr 30, 2018: INPEX Appointed Asset Leader For Lower Zakum Oil Field Offshore Abu Dhabi, UAE 65
Feb 26, 2018: Abu Dhabi Awards Japan’s Inpex 10% Stake In Lower Zakum Offshore Concession 66
Feb 01, 2018: INPEX Awarded Exploration License For Block 22 In Deep-Water Sector Of Southern Gulf Of Mexico (Salina Basin) 67
Jan 17, 2018: Inpex wins exploration license in Western Barents Sea in Norway 68
Nov 02, 2017: Inpex Awarded Exploration Block WA-532-P Offshore Western Australia 69
Sep 25, 2017: Pemex Signs Contracts With DEA And Ecopetrol For Exploration Of Blocks 2 And 8 70
Feb 28, 2017: Pemex, Chevron And INPEX Undersign Contract For Exploration Of Block 3 North Of Perdido Area 71
Jan 17, 2017: BP Awarded 10% Interest In Abu Dhabi’s ADCO Onshore Concession 72
Strategy and Business Expansion 73
May 11, 2018: INPEX Announces Formulation Of Vision 2040 And Medium-Term Business Plan 2018-2022 73
Mar 18, 2018: ADNOC Signs Major Offshore Concession Agreements With Total And Embarks On Giant Gas Cap Development 75
Jan 03, 2018: INPEX To Surrender Offshore Mahakam Block, Republic Of Indonesia Announces Status On Participation After 2018 To Also Surrender INPEX Attaka Block 77
Dec 06, 2017: INPEX, Partners Agree To Extension Of Concession Offshore D. R. Congo Block 78
Nov 14, 2017: Upper Zakum Field Production Capacity To Increase To 1 Million Barrels Per Day 79
Sep 14, 2017: Nexen Energy: Announcement On Aurora LNG Feasibility Study 81
Sep 07, 2017: Irkutsk Oil Signs Framework Agreement With JOGMEC 82
May 23, 2017: Jadestone Energy Withdraws From Bone PSC, Offshore Indonesia 83
Mar 27, 2017: Inpex To Strengthen Natural Gas Business Operations In Japan Through Internal Reorganization 84
Recent Discoveries 85
Feb 22, 2017: Inpex Succeeds In Oil Discovery At Onshore Exploration Block 10, Iraq 85
Drilling and Production Updates 86
Jul 10, 2017: NIOC: West Karoun Oil Field Production Reach 368000 Bpd 86
Financial Announcements 87
Aug 09, 2018: Inpex announces Consolidated Financial Results for Three Months ended June 30, 2018 87
May 10, 2018: Inpex Announces Consolidated Financial Results For Year Ended Mar 31 2018 89
Mar 26, 2018: INPEX: Recognition Of Impairment Losses, And Revised Financial Forecasts For Fiscal Year Ending March 31, 2018 93
Feb 10, 2017: Inpex Provides Consolidated Financial Results For Nine Months Ended December 31, 2016 94
Other Significant Developments 97
Nov 19, 2018: Inpex begins first LPG shipment from Ichthys project 97
Oct 31, 2018: First LNG shipment from INPEX-operated Ichthys LNG project arrives at Naoetsu LNG Terminal, Japan 98
Oct 25, 2018: Inpex ships first LNG cargo from $40bn Ichthys project in Australia 99
Oct 04, 2018: Inpex and Partners to conduct short-term flow tests on exploratory well for Geothermal Power Generation in Akita Prefecture Japan 100
Oct 01, 2018: Inpex: First condensate cargo from Ichthys departs 101
Sep 19, 2018: INPEX Announces Change in Vice President 102
Aug 08, 2018: ADNOC holds talks in Tokyo as it seeks to deepen and expand relationships with Japan’s energy sector 103
Jul 31, 2018: Inpex begins gas production at Ichthys LNG Project 104
Jul 30, 2018: Total Australia: offshore production starts up at ichthys LNG project 105
Jul 18, 2018: INPEX announces change in general manager 106
Jul 11, 2018: INPEX-Operated Ichthys LNG Project Prepares For Production Start-Up 107
Jul 11, 2018: Inpex to begin shipments from Ichthys LNG project by September 108
May 31, 2018: INPEX-Operated Ichthys LNG Project Completes Offshore Preparations For Production Start-Up 109
May 21, 2018: INPEX Announces Changes In Fellow 110
May 09, 2018: INPEX Announces Change In General Manager 111
Apr 23, 2018: Australia’s Ichthys Project To Import LNG Cargo To Cool Plant Ahead Of Start-Up 112
Apr 04, 2018: Octanex Provides Quarterly Activities Report – 31 March 2018 113
Mar 30, 2018: INPEX To Commence Pre-FEED For Abadi LNG Project, Masela Block, Indonesia 116
Mar 26, 2018: INPEX-Operated Ichthys LNG Project Announces Production Startup Preparation Status For Key Facilities, Updates Schedule 117
Mar 02, 2018: ACCC Authorises WA And NT LNG Producers To Coordinate Maintenance Activities 118
Jan 08, 2018: Dutch Court Upholds $5.2 Billion Asset Freeze On Kazakhstan Oil Field 119
Dec 17, 2017: NIOC: Key Oil Players Presented Azadegan Plans 120
Nov 17, 2017: 20th Anniversary Of Signing Of Production Sharing Agreements 121
Oct 24, 2017: INPEX-Operated Ichthys LNG Project Celebrates Naming Ceremony For LNG Tanker To Supply Naoetsu LNG Terminal 122
Oct 12, 2017: Vocus Announces Successful Connection Of North-West Cable System To Ichthys LNG And Prelude FLNG Projects 123
Sep 26, 2017: NOV Provides Critical MEG Technology And Bondstrand Fiberglass Piping To Ichthys LNG Project’s FPSO Facility 124
Sep 13, 2017: Octanex Announces Ascalon Update 125
Sep 13, 2017: INPEX Announces Change In General Manager 127
Sep 01, 2017: INPEX-Operated Ichthys LNG Project Celebrates Naming Ceremony For LNG Tanker To Supply CPC, Taiwan 128
Aug 28, 2017: Aqualis accomplishes position keeping role for Ichthys Venturer 129
Aug 24, 2017: Ichthys LNG Project’s FPSO Safely Moore In Ichthys Field 130
Aug 19, 2017: Inpex Mulls Azadegan Tender Bid, Int’l consortium 131
Aug 17, 2017: BP Provides 2017 First Half Results 133
Aug 14, 2017: INPEX: FPSO Ichthys Venturer Arrives In Australian Waters 137
Jul 19, 2017: Inpex-Operated Ichthys LNG Project’s Giant FPSO Sails Away 138
Jun 22, 2017: Inpex: World’s Largest Semi-Submersible Platform Safely Moor In Ichthys Field 139
Jun 21, 2017: Inpex To Strengthen LNG Marketing And Legal Functions Through Internal Reorganization 140
Jun 19, 2017: Aqualis Offshore Completes Ichthys CPF Station Keeping Job 141
Jun 19, 2017: INPEX Announces Changes In General Manager 142
Jun 12, 2017: Petronas, Shell Summit Studies To Develop Azadegan 143
Jun 11, 2017: NIOC: Oil Majors Propose Surveys To Develop Irans Azadegan Oil Field 144
May 29, 2017: INPEX: World’s Largest Semi-Submersible Platform Arrives In Australian Waters 145
Apr 28, 2017: Inpex-operated Ichthys LNG Project Celebrates Central Processing Facility (CPF) Sail Away, Updates Production Schedule 146
Apr 25, 2017: McDermott Reports First Quarter 2017 Financial and Operational Results 147
Apr 19, 2017: INPEX Announces Changes In General Manager 150
Mar 16, 2017: Construction Completion Ceremony Held For Demonstration Plant For Produced Water Treatment At Yabase Oil Field In Akita Prefecture, Japan 151
Mar 15, 2017: Industry Expert Predicts LNG Will Remain Key Energy Source 152
Mar 09, 2017: Nikolay Buynov spoke at plenary of international oil and gas conference CERAWeek 153
Mar 08, 2017: Pemex Director Holds Several Meetings With Leaders Of Worldwide Oil Sector 154
Mar 03, 2017: MUA And Inpex Sign New Work Arrangements On Ichthys LNG Project 155
Feb 23, 2017: Wood Group Launches Next Phase Of Industry Collaboration Into Subsea Equipment Reliability 156
Feb 22, 2017: Lukoil And Inpex Successfully Complete Well Test In Iraq At Block 10 157
Feb 17, 2017: Inpex-operated Ichthys LNG Project Holds Naming Ceremonies For Offshore CPF, FPSO Facilities 158
Feb 02, 2017: INPEX Announces Change In General Manager 159
Jan 13, 2017: Inpex completes subsea installation work for Ichthys Project 160
Jan 04, 2017: INPEX Begins Natural Gas Supply To The Hokuriku Factory Of Asahi Soft Drinks Through Natural Gas Trunk Pipeline (Toyama Line) In Japan 161
Jan 04, 2017: NIOC: Inpex Seeks To Win Azadegan 162
Jan 03, 2017: NIOC: Iran Discloses Giants Eligible For New Oil Plan 163
Jan 02, 2017: Iran Qualifies 29 Foreign Oil And Gas Companies For Upstream Oil Tenders 164
New Contracts Announcements 165
Jun 18, 2018: Award of the Pre-FEED Contract for INPEX SURF GEP Project in Indonesia 165
May 15, 2018: ABB Signs Framework Agreement With INPEX To Support Multi-Billion Dollar Ichthys LNG Project 166
May 08, 2018: KBR Awarded Pre-FEED Contract For INPEX LNG Project In Indonesia 167
May 07, 2018: Pemex Undersigns Contracts For Hydrocarbon Exploration And Extraction In Deep Waters Of Gulf Of Mexico 168
Apr 30, 2018: ADNOC Appoints Japan’s INPEX/JODCO Asset Leader For Abu Dhabi’s Lower Zakum Concession 169
Apr 06, 2018: Announcment Of Awarded PSV Contract Inpex Australia 171
Mar 20, 2018: INPEX Agrees With Government Of Ecuador On Compensation For Termination Of Ecuador’s Block 18 172
Mar 19, 2018: INPEX Awarded Exploration Block WA-533-P Offshore Western Australia 173
Feb 20, 2018: Wood Wins Strategic Five-Year Engineering Services Contract Supporting INPEX In Australia 174
Dec 13, 2017: Lukoil Continues Additional Exploration Of Block 10 And Appraisal Of Eridu Field In Iraq 175
Nov 28, 2017: Grata International announces Extension of PSA for Azeri-Chirag-Gunashli Oil Field 176
Oct 16, 2017: BAM Clough To Support Ship Lift And Marine Industries Project FEED 177
Sep 14, 2017: Azerbaijan Government And Co-Venturers Sign Amended And Restated Azeri-Chirag-Deepwater Gunashli PSA 178
Sep 14, 2017: INPEX, Partners To Extend Production Sharing Agreement For ACG Oil Fields 180
Sep 05, 2017: Halfwave Awarded Inspection Contract By INPEX For Ichthys LNG Project 181
Aug 24, 2017: AMJV secures further work on Ichthys LNG Project 182
May 09, 2017: Monadelphous Wins Long-Term INPEX Offshore Maintenance Services Contract 183
Apr 05, 2017: OEG Offshore To Supply Cargo Units And Helifuel Tanks To Ichthys LNG Project 184
Mar 28, 2017: Sparrows Group Secures Three Year Ichthys Contract 185
Mar 01, 2017: KBR To Provide Engineering Services For North Caspian Operating Company 186
Feb 28, 2017: Chevron-Led Consortium Executes Mexico Deepwater Contract 187
Jan 26, 2017: TechnipFMC Receives Well Intervention Work From INPEX In Australia 188
Appendix 189
Methodology 189
About GlobalData 189
Contact Us 189
Disclaimer 189
Inpex Corp, Oil & Gas, Key Facts, 2018 2
Inpex Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
Inpex Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 9
Inpex Corp, Oil & Gas Deals By Type, 2012 to YTD 2018 10
Inpex Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 11
Inpex Corp, Deals By Sector, 2012 to YTD 2018 12
Inpex Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 13
Inpex Completes Acquisition Of 40% Interest In Exploration License PL767, Offshore Norway From Bayerngas Norge 15
INPEX To Acquire Additional 28% Stake In Umm Al Dalkh Oil Field, Offshore Abu Dhabi From ADNOC 16
Inpex Acquires 5% Interest In ADCO Onshore Concession In UAE From ADNOC 17
Teikoku Oil Acquires Additional 0.55% Interest In Lucius Project, Gulf of Mexico From Apache 18
Apache Completes Sale Of Deepwater Gulf of Mexico Assets To Freeport-McMoRan And Other Working Interest Owners For US$1.4 Billion 19
Inpex Uruguay Completes Acquisition Of 30% Interest In Exploration Area 15, Offshore Uruguay, From Tullow Uruguay 21
Inpex And Shell Complete Acquisition Of 10% Interest In Masela PSC Block (Abadi LNG Project), Offshore Indonesia, From EMP Energi Indonesia For US$313 Million 22
Inpex Mozambique Acquires 25% Interest In Exploration License - Block 2 And 5, Offshore Mozambique, From Statoil Oil & Gas Mozambique 23
Inpex Completes Acquisition Of 9.99% Interest In Block 14, Offshore Angola, From Total 24
Inpex Completes Acquisition Of 26% Stake In Exploration Block KG-DWN-2004/6 In India From ONGC 25
Teikoku Oil Completes Acquisition Of 7.2% Working Interest In Lucius Project In Keathley Canyon Area Of Gulf Of Mexico From Anadarko Petroleum For US$556 Million 26
INPEX Completes Acquisition Of 40% Participating Interest In Shale Gas Projects In British Columbia From Nexen For US$675 Million 28
Inpex Acquires 50% Participating Interest In Block AC/P36, Offshore Australia From Murphy Oil 30
INPEX Oil & Gas Australia Completes Acquisition Of 17.5% Participating Interest In Prelude Floating LNG Project In Australia From Shell Development (Australia) 31
INPEX Acquires 75% Stake In Block S In Malaysia From PETRONAS 32
INPEX And JX Nippon Acquire 75% Interest In Block R In Malaysia From PETRONAS 33
Inpex To Form Joint Venture With Rosneft To Develop Magadan Blocks 34
Pertamina Completes Acquisition Of Operatorship Interest In Mahakam Gas Block, East Kalimantan From Total And Inpex 35
Mitra Energy To Acquire 30% Stake In Block 05-1 PSC In Vietnam From Inpex 37
Carnarvon Petroleum Completes Acquisition Of 28.5% Interest In Block WA-155-P, Offshore Australia From Inpex Alpha 39
Pertamina Plans To Acquire Certain Interest In Abadi Floating LNG Project, Offshore Indonesia From Inpex And Shell 40
Sibley Petroleum To Acquire Inpex’s 25% Stake In Onshore Block SL20183 In Louisiana 41
Santos Completes Acquisition Of 10% Interest In Deepwater Block R Offshore Malaysia From Inpex 42
Kansai Electric Power Completes Acquisition Of 1.2% Interest In Ichthys LNG Project, Offshore Australia From Inpex 43
CPC Completes Acquisition Of 2.625% Interest In Ichthys LNG Project Offshore Australia From Inpex 44
Santos Completes Acquisition Of 25% Stake In Block S PSC Offshore Malaysia From Inpex 45
Pertamina Completes Acquisition Of 15% Interest In Babar Selaru Block, Offshore Indonesia From Inpex For US$5.6 Million 46
Tullow Suriname To Acquire 30% Interest In Block 31, Offshore Suriname From Teikoku Oil 47
Chubu Electric Power Completes Acquisition Of 0.735% Interest In Ichthys LNG Project In Australia From INPEX 48
Toho Gas Completes Acquisition Of 0.42% Stake In Ichthys LNG Project In Australia From INPEX 49
Total Completes Acquisition Of Additional 6% Joint Venture Stake In Ichthys Liquefied Natural Gas Project In Australia From INPEX 50
INPEX Sells 1.57% Interest In Ichthys LNG Project In Australia To Tokyo Gas 51
Japan Petroleum To Sell Stake In INPEX North Caspian Sea To Inpex 52
PT Medco Daya To Acquire INPEX Natuna From Inpex For US$167 Million 53
Inpex And Itochu Acquire Interest In Japan South Sakha Oil From Japan Oil 54
Inpex Corp, Key Competitors 55
Inpex Corp, Key Employees 56
Inpex Corp, Subsidiaries 59
Inpex Corp, Affiliate 62
Inpex Corp, Joint Venture 63
List of Figures
Inpex Corp, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
Inpex Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
Inpex Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 2
Inpex Corp, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
Inpex Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 9
Inpex Corp, Oil & Gas, Deals by Type, 2012 to YTD 2018 10
Inpex Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 11
Inpex Corp, Oil & Gas, Deals by Sector, 2012 to YTD 2018 12
