January 19, 2017 10:03 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 operates in the oil and natural gas, metals, coal, geothermal, stockpiling, and mine pollution control sectors worldwide. The company provides geological surveying, technological development, financial support, and information services for the oil and gas, metal resources, coal supply, and geothermal power generation sectors, as well as geophysical surveying services for the oil and gas sector. It also offers technical and financial support services for local governments and entities seeking to prevent mine pollution, as well as for governments of metal resource-producing countries; environmental protection services, such as projects for mine po...

Toranomon Twin Buildings

2-10-1 Toranomon


Tokyo,  105-0001


Founded in 1963

532 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

Rosneft, Marubeni Corporation, Japan Oil, Gas and Metals National Corporation and Inpex Corporation Signs Cooperation on Joint Exploration, Development and Production of the Hydrocarbons at License Block in an Offshore Zone of the Russian Federation

Rosneft and a consortium of Japanese companies comprising Marubeni Corporation, Japan Oil, Gas and Metals National Corporation (JOGMEC) and INPEX CORPORATION have signed a Heads of Agreement in relation to cooperation on the joint exploration, development and production of the hydrocarbons at a license block in an offshore zone of the Russian Federation. The document was signed on the sidelines of the official visit of the President of Russia Vladimir Putin to Japan by Rosneft Chief Executive Officer Igor Sechin, Marubeni Corporation President and CEO Fumiya Kokubu, JOGMEC President Keisuke Kuroki and INPEX CORPORATION President and CEO Toshiaki Kitamura. The reached agreements confirm the successful implementation by Rosneft of its strategy to attract partners into offshore projects. This enables the company to monetize its stakes in promising projects and accelerate their development. Engaging strategic partners, leaders of the global oil and gas industry, in Russian offshore projects will also ensure effective hydrocarbon exploration and production and allow sharing the geological risks between the parties.

Japan Oil, Gas and Metals National Corporation Reaches Tank Lease Agreement for Crude with Saudi Arabian Oil Company

Japan Oil, Gas and Metals National Corporation (JOGMEC) announced that it has reached the tank lease agreement for crude with Saudi Arabian Oil Company hereinafter 'Saudi Aramco' at Okinawa CTS Corporation, based on the renewed basic agreement between Agency Natural Resources hereinafter 'ANRE' in Ministry of Economy, Trade and Industry, Japan and Saudi Aramco on October 9, 2016. In accordance with this agreement, JOGMEC, functioning as a management body of ANRE will take a lease of a part of crude oil tanks located at Okinawa CTS Corporation, and sublease tanks for Saudi Aramco to reserve Saudi Aramco's Crude. Original agreement had been signed between both parties in December 2013, and this time such agreement is renewed due to renewal of basic agreement between ANRE and Saudi Aramco.

Atrum Coal NL and Japan Oil, Gas and Metals National Corporation Provide Operational Update for the Panorama North Anthracite Project

Atrum Coal NL along with its joint venture partner Japan Oil, Gas and Metals National Corporation, provided an operational update for the company's Panorama North Anthracite Project (Panorama North), located in British Columbia, Canada. Diamond core drilling of four holes has been successfully completed at Panorama North over the past month. Panorama North is an area to the west of Groundhog North. Holes have been geophysically logged, and the company is completing studies of the cores and conducting geological interpretation. Samples are also being prepared for testing and analysis.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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