Based in: Japan
Japan Petroleum Exploration Co., Ltd. (JAPEX) is engaged in oil and natural gas exploration and production (E&P) activities both in Japan and overseas. Its main operating areas are Hokkaido, Akita, Yamagata and Niigata in Japan.
Overseas, JAPEX is active in Canada, Indonesia, Iraq and other regions where it has offshore interests.
Fields in Iraq: Garraf
From the company’s website:
The second petroleum licensing round was held by the Iraqi Ministry of Oil in December 2009. JAPEX together with Malaysian state-owned oil company PETRONAS jointly secured the winning bid and acquired the E&P right to the Garraf oilfield located in Southern Iraq.
In March 2010, JAPEX established Japex Garraf Ltd. as a project company and consolidated subsidiary to promote development of the Garraf oilfield.
Having studied the Garraf oilfield since the latter half of the 1990s, JAPEX will use its broad experience and data to provide comprehensive support to the efforts of project operator PETRONAS during the life of the project.
For latest news on this company’s activities in Iraq please click here.
A full list of International Oil Companies (IOCs) operating in Iraq under licences granted by the Ministry of Oil in Baghdad can be found here.