Satah Field_low

Corporate Profile

Company Name Japan Oil Development Co.,Ltd.
Head Office Akasaka Biz Tower 5-3-1 Akasaka, Minato-ku, Tokyo 107-6332, Japan
Tel:+81-3-5572-0330 Fax:+81-3-5572-0339

Abu Dhabi Branch
10th Floor, Tower 3, Etihad Towers
P.O.BOX 2659, Abu Dhabi, U.A.E.
Tel:+971-2-6345612 Fax:+971-2-6336695
Established February 22, 1973
Capital ¥18.8 Billion
Shareholder INPEX CORPORATION(100%)

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Board of Directors

Chairman Toshiaki Kitamura
President, CEO Hiroshi Fujii
Executive Senior Managing Director Yoshito Yokote
Director Masahiro Murayama
Director Yasuhisa Kanehara
Director Shigeharu Yagima
Director Mitsuo Tamura
Director Nobuhiko Tomita
Director Yuzo Sengoku
Director Kazuyoshi Arisaka
Audit & Supervisory Board Member Hiroshi Yoshida

As of June 28, 2016

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Company History

1973 February Established with capital participation by nine major oil development companies. The ADMA concession acquired from British Petroleum by Overseas Petroleum Corporation was ceded to JODCO.
March Capital injected by Japan Petroleum Development Corporation.
1978 March Joint development agreement formalized with Abu Dhabi National Oil Company (ADNOC) to develop the Upper Zakum field.
September Joint development agreement formalized with ADNOC to develop the Umm Al-Dalkh structure.
1980 July Joint development agreement formalized with ADNOC to develop the Satah, Jarnain, and Dalma structures.
1982 Desember Production from the Upper Zakum field started.
1985 July Production from the Umm Al-Dalkh field started.
1987 July Production from the Satah field started.
1993 November Aggregate sales volume of 1 billion barrels reached.
2004 April Aggregate sales volume of 2 billion barrels reached.
May Absorbed by INPEX Corporation as a wholly-owned subsidiary.
2006 April Establishment of INPEX Holdings, Inc. as a joint holding company of INPEX CORPORATION and TEIKOKU OIL CO., LTD.
2008 October New INPEX CORPORATION launched through merger INPEX CORPORATION and TEIKOKU OIL with INPEX Holdings.
2013 February Celebrated 40th Anniversary.
2014 January Announced the extension of the concession for the Upper Zakum Field.
October Production from the Umm Lulu field started.
2015 January Production from the Nasr field started.
April INPEX acquired a 5% participating interest in ADCO onshore concession in Abu Dhabi.

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