On July 1, 2010, Nippon Oil Exploration Limited and Japan Energy Development Co., Ltd. merged and took a new step forward as JX Nippon Oil & Gas Exploration Corporation.
Please see the history of each company below.
Nippon Oil Exploration Limited and Japan Energy Development Co., Ltd. merged to form JX Nippon Oil & Gas Exploration Corporation
Established "JX Nakajo Forest" in Tainai City, Niigata Prefecture, and began forest volunteer activities
Vietnam: Successfully executed a CO2-EOR pilot test at the offshore Rang Dong Oil Field.
Received all issued shares of a new subsidiary set up by Arabian Oil Company, Ltd. (currently JX Nippon Oil & Gas Exploration Technical Services Corporation)
USA: Commenced the Petra Nova CCUS project
Papua New Guinea: Commenced LNG exports from the "PNG LNG Project"
Vietnam: Achieved total production of 200 million barrels at Block 15-2
USA: "Petra Nova CCUS project (USA)" (West Ranch Oil Field) commenced production
Malaysia: Production commenced at the Layang Oil and Gas Field offshore of Sarawak
USA: Achieved total CO2 recovery of 1 million short tons at the Petra Nova CCUS project
Indonesia: Concluded a memorandum for joint study/joint business that includes all upstream undertakings, including CO2-EOR, with PT Pertamina, Indonesia's national oil company
USA: Achieved total CO2 recovery of 2 million short tons at the Petra Nova CCUS projec
UK: Production commenced at the Mariner Oil Field and Culzean Gas Field
USA: Achieved total CO2 recovery of 3 million short tons at the Petra Nova CCUS project
Malaysia: Concluded a joint study agreement with PETRONAS, Malaysia’s national oil company
JXTG Group changed its name to ENEOS Group
JX Nippon Oil & Gas Exploration Corporation aims to make even greater strides as a key business company of the Group.