August 24, 2016 3:16 AM ET

Energy Equipment and Services

Company Overview of The Japan Oil, Gas and Metals National Corporation

Company Overview

Japan Oil, Gas and Metals National Corporation provides financial assistance, technology development and technical support, stockpiling, gathering/providing information, and mine pollution control services in Japan and internationally. The company offers financial assistance for oil and gas exploration and production projects, as well as for exploration and development of metallic mineral resources through equity capital and liability guarantees. It also manages stockpiling of petroleum, liquefied petroleum gas, and rare metals, including the construction of stockpiling bases. In addition, the company provides oil recovery, oil and gas reservoir detection and characterization, well drilling ...

Toranomon Twin Building

2-10-1 Toranomon


Tokyo,  105-0001


Founded in 1963

520 Employees


81 3 6758 8000


81 3 6758 8008

Key Executives for The Japan Oil, Gas and Metals National Corporation

Executive Vice President
Executive Director of Oil & Gas Upstream Business and Member of the Board
Executive Director of Oil & Gas Upstream Technology and Member of the Board
Executive Director of Metals Strategy & Exploration and Member of the Board
Compensation as of Fiscal Year 2016.

The Japan Oil, Gas and Metals National Corporation Key Developments

Jogmec Seeks Partners

The Japan Oil, Gas and Metals National Corporation (Jogmec) plans to attract partners for exploration and coal mining projects in the Sakha Republic (Far East).

Angkor Gold Corp. Signs USD 3 Million Joint Exploration Agreement with Jogmec on Oyadao South License

ANGKOR GOLD CORP. announced that it has entered into a joint exploration agreement with Japan Oil, Gas and Metals National Corporation to explore ANGKOR's 100% owned Oyadao South license. The agreement gives JOGMEC the option right to acquire 51% of the Oyadao South license for a total investment of USD 3 million in exploration expenditures over a 3 year period. The JEA will be executed after necessary procedure according to the Cambodian related regulation. JOGMEC's mandate is to invest in early-stage exploration projects around the world to secure viable future natural resources for Japan's growing economy. Upon aggregate expenditure of USD 3 million by JOGMEC, JOGMEC will be granted the option right to acquire an indirect initial 51% interest in the Oyadao South license. From that point on, JOGMEC and ANGKOR will fund the project expenditures on a pro-rata basis.

Altitude Resources and Jogmec Announce Joint Venture 2016 Exploration Program At Palisades Coal Project

Altitude Resources Inc. announced that it will be carrying out a two phase 2016 exploration program on the Palisades and Palisades Extension coal properties as part of the Altitude and JOGMEC Joint Venture. The exploration plan includes field reconnaissance, rotary drilling and a coring program, and laboratory coal quality analysis. The Palisades Project is located approximately 30 kilometres north of the Yellowhead Highway (Hwy 16) and Highway 40 North, near Hinton, Alberta. Palisades has a 43-101 resource of 15.8 million tonnes Measured and Indicated, 7.61 million tonnes Inferred and an exploration target of 49 million tonnes (excluding Palisades North).

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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