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

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
Shareholder INPEX CORPORATION(100%)

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Board of Directors

Directors
Chairman Toshiaki Kitamura
President, CEO Hiroshi Fujii
Director Masahiro Murayama
Director Takahiko Ikeda
Director Shigeharu Yajima
Director Mitsuo Tamura
Director Nobuhiko Tomita
Director Shinichi Nakamura
Director Daisuke Urasaki
Auditors
Audit & Supervisory Board Member Hiroshi Yoshida

As of September 4th, 2019

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Company History

February 1973 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 1973 Capital injected by Japan Petroleum Development Corporation.
March 1978 Joint development agreement formalized with Abu Dhabi National Oil Company (ADNOC) to develop the Upper Zakum oil field.
September 1978 Joint development agreement formalized with ADNOC to develop the Umm Al-Dalkh structure.
July 1980 Joint development agreement formalized with ADNOC to develop the Satah, Jarnain, and Dalma structures.
Desember 1982 Started production from the Upper Zakum oil field.
July 1985 Started production from the Umm Al-Dalkh oil field.
July 1987 Started production from the Satah oil field.
November 1993 Reached aggregate sales volume of 1 billion barrels.
April 2004 Reached aggregate sales volume of 2 billion barrels.
May 2014 Acquired by INPEX CORPORATION as a wholly-owned subsidiary.
April 2006 Establishment of INPEX Holdings, Inc. as a joint holding company of INPEX CORPORATION and TEIKOKU OIL CO., LTD.
October 2008 INPEX CORPORATION established through merger of INPEX CORPORATION, TEIKOKU OIL and INPEX Holdings.
February 2013 Celebrated 40th Anniversary.
January 2014 Announced an extension of the concession for the Upper Zakum oil field.
October 2014 Started production from the Umm Lulu oil field.
January 2015 Started production from the Nasr oil field.
April 2015 INPEX acquired a 5% participating interest in the ADCO onshore concession in Abu Dhabi.
November 2017 Announced a further extension of the concession for the Upper Zakum oil field.
February 2018 INPEX acquired a 10% participating interest in the Lower Zakum concession.
Announced an extension of the concession for the Satah and Umm Al-Dalkh oil fields.

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