Japan Exploration (Japex) Company News

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NHV to Fly for Seagull Project
Tuesday, February 02, 2021Seagull personnel will travel via the H175 aircraft. PHOTO SOURCE: Lloyd Horgan/NHV Group

Japex To Keep Canada Oil Sands Ops Idle After Fire Due To Low Prices
Thursday, May 12, 2016Japex will not restart production at its Hangingstone oil sands concession in Alberta, Canada, for the foreseeable future due to low prices, even after fires in the area were brought under control.

JAPEX Engages Aonex for Construction of Japan's Soma LNG Terminal
Thursday, July 09, 2015Aconex bags a contract from JAPEX for the construction of the latter's liquified natural gas terminal in Soma port, Japan.

MedcoEnergi Inks Agreement to Sell Gas from Aceh's Block A to Pertamina
Wednesday, January 28, 2015MedcoEnergi inks agreement to sell $2 billion of gas to Pertamina from Block A, Aceh, Indonesia.

Japex Begins Japan's 1st Commercial Shale Oil Production
Monday, April 07, 2014Japex begins the country's first commercial production of shale oil in Akita prefecture in northern Japan this month.

India's IOC to Acquire 10% Stake in Petronas' Canadian LNG Export Project
Monday, March 10, 2014Indian Oil Corp. agrees to acquire a 10 percent stake in Progress Energy's natural gas reserves in northeast British Columbia, Canada and in the proposed Pacific Northwest LNG export facility on the country's West Coast.

JOGMEC Provides Equity Financing for Japex to Acquire Stake in Kerapu Block
Thursday, November 21, 2013JOGMEC provides equity financing to Japex's unit Japex West Natuna to acquire a 30 percent interest in the Kerapu Block offshore Indonesia.

Japex to Acquire Stake in West Natuna Sea
Friday, July 12, 2013Japan Petroleum Exploration Co. Ltd. signs a deal to acquire a 30% stake in the Kerapu Block in the West Natuna Sea, off Indonesia.

Japan Far East Gas, Gazprom Ink MOU for Vladistok LNG Project
Monday, June 24, 2013Inpex, together with partners in the Japan Far East Gas Co., Ltd., inks a Memorandum of Understanding with Gazprom for the Vladivostok LNG Project.

Japex to Buy 10% of Petronas Canada LNG Project
Monday, March 04, 2013Japan Petroleum Exploration Co. agrees with Petronas to buy 10% of a Canada liquefied natural gas venture and shale gas project controlled by the Malaysian state-owned energy company.

Logistics Issues Delay Garraf Field until Mid-2013
Friday, February 08, 2013Delays in getting equipment to the Garraf oil field in southern Iraq has delayed the start of production.

Japex to Plough over $1B into Expanding Hangingstone Bitumen Facility
Friday, December 14, 2012Japex plans to increase output at its bitumen facility in Canada, as it looks to develop its customer base among refineries in the U.S.

Companies Face Stiff Competition for Iraq's Prized Oil Fields
Thursday, December 10, 2009Competition is expected to be fierce between international companies for some of Iraq's 10 oil and gas fields at a licensing auction in Baghdad Friday and Saturday.

Japex to Invest Y110B in Overseas Oil, Gas Development
Wednesday, July 30, 2008Japan Petroleum Exploration Co. plans to spend Y110 billion on overseas oil and gas development projects from fiscal 2008 through fiscal 2012 to help spur production growth.

Japex Gives Up Philippine License SC46 Block
Tuesday, May 13, 2008Japex Philippines Ltd. decided to relinquish SC 46 block, located in Tanon Strait, the Philippines because of the lack of a commercial oil and gas discovery.

Iraq Oil Min: 35 Of 120 Cos Qualified To Bid For Deals
Monday, April 14, 2008Thirty-five international oil companies are qualified to bid for future oil and gas contracts to develop one of the world's largest oil fields.

Premier Signs Indonesian Gas Sales Agreements
Tuesday, December 11, 2007Premier Oil signed agreements for the sale of gas from the Natuna Sea Block A and North Sumatra Block A in Indonesia.

Nippon, Partners Secure Songa Saturn for Libya Campaign
Thursday, June 28, 2007The Songa Saturn has secured a contract with a consortium of oil companies led by Nippon Oil Exploration Limited for drilling operations offshore Libya.

Japex Confirms Natural Gas, Oil Output at Niigata Field
Friday, June 22, 2007Japex has confirmed production of natural gas and oil at its offshore test well in Niigata prefecture in northeastern Japan.

Energi Mega Persada Sells Stake in Kangean PSC to Mitsubishi and Japex
Friday, March 02, 2007PT Energi Mega Persada has entered in to a heads of agreement (HOA) with Mitsubishi and Japex whereby they will assume an indirect 50% working interest in the Kangean PSC.

Honduras, Japanese Ink Hydrocarbons Co-op Deal
Thursday, February 08, 2007Honduras' government and Japan's Japex Geoscience Institute (JGI) have signed a cooperation agreement to advance hydrocarbons exploration efforts, an official from Honduras' energy department told BNamericas.

PT Medco Acquires 50% of ConocoPhillips' Aceh Block A
Wednesday, January 24, 2007PT Medco Energi Internasional and its partner Premier Oil have signed a share sale and purchase agreement to obtain ownership of Block A PSC from ConocoPhillips.

Premier Oil Issues Operational and Trading Update
Wednesday, July 19, 2006Premier Oil plc said Wednesday that it plans to announce its interim results for the 6 months to June 30, 2006, on Sept. 21, 2006. In advance of these results, the company reported the following update.

Premier Takes Stake in North Sumatra Block A
Wednesday, April 26, 2006Premier Oil and its partners Medco and Japex have acquired a stake in the North Sumatra Block A PSC located onshore Indonesia from a subsidiary of ExxonMobil which holds a 50% working interest in the block.

Nippon Oil Executes EPSA for Blocks 1 & 2 in Libya
Friday, December 09, 2005Nippon Oil successfully concluded the Exploration and Production Sharing Agreement ("EPSA") for Area 2 Block 1 & 2 with National Oil Corporation, the state oil company of the Great Socialist People's Libyan Arab Jamahiriya.

Nippon Oil Acquires Two Blocks in Libya Bid Round 2
Tuesday, October 04, 2005Nippon Oil, Japan Petroleum Exploration and Mitsubishi Corporation have jointly been awarded interests in two exploration blocks (Block 2-1/2 and Block 40-3/4).