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JX Nippon Oil & Gas Exploration Corporation is a core business company in the JXTG Group, which was established in April 2017 through a business integration of the JX Group and the TonenGeneral Group. JX Nippon Oil & Gas Exploration Corporation engages in oil and natural gas exploration and production (E&P) business around the world.

In particular, we have been carrying out operator projects for more than 20 years in Malaysia and Vietnam respectively, ranging from exploration to development and production of oil and gas. We have also participated in LNG projects in Indonesia and Papua New Guinea, and as a partner, we have taken a role to continue stable operation.
In the United States, we are pushing forward with a project that utilizes CO2-EOR, a technology to increase the productivity of oil fields by injecting and storing CO2, a cause of global warming, in the ground. And in Qatar, we are engaged in the exploration project as an operator.

As the crude oil price is not expected to increase to any great extent in the future, in order to achieve continuous business growth in a low-oil price environment, we have been focusing for the last two years on portfolio optimization and cost reduction through selection and concentration, and the stabilization of business foundation in terms of organizational structures and improved personnel training, which has achieved a certain level of results.

As a core business company that has a role to play in the JXTG Group, which has set out with the aim of being Asia’s leading internationally-competitive integrated energy, resources and materials group, we will continually give maximum consideration to safety and the environment as we look to the future while steadily promoting business by planning to improve and strengthen corporate structures and while working to acquire and accumulate technology that is our strength, such as CO2-EOR.
Through our business activities, we will contribute to development in oil and gas-producing countries while helping such countries to create stronger relationships with Japan.

By means of these initiatives, we will live up to what is expected of it by contributing to the progress of society and the creation of a vibrant future.

Shunsaku Miyake
Representative Director, President and CEO