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Inpex Corp (1605.T)

1605.T on Tokyo Stock Exchange

1,296JPY
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Inpex and partners agree to extension of concession offshore d. R. Congo Block
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Inpex Corp <1605.T>:Says it and its partners Muanda International Oil Company Ltd. (MIOC) and Chevron have reached an agreement with the government of the Democratic Republic of the Congo to extend the duration of the concession agreement for the Offshore D.R. Congo Block (the Block) for a period of 20 years from November 21, 2023 to November 21, 2043.INPEX is engaged in the development and production of oil from the Block through its subsidiary, Teikoku Oil (D.R.Congo) Co, Ltd..  Full Article

Inpex says Upper Zakum field production capacity to increase to 1 mln barrels per day
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Inpex Corp <1605.T>:Says Abu Dhabi National Oil Company, ExxonMobil Abu Dhabi Offshore Petroleum Company Limited and Japan's INPEX Corporation announced, on the side lines of the Abu Dhabi.International Petroleum Exhibition and Conference (ADIPEC), an agreement to increase production capacity from the Upper Zakum oil field to 1 million barrels per day by 2024.  Full Article

Inpex awarded exploration block WA-532-P offshore western Australia
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Inpex Corp <1605.T>:Says co was individually awarded an exploration permit for release area WA-532-P (the Block) in Australia's 2016 offshore petroleum exploration acreage release via co's unit INPEX Browse E&P Pty Ltd .  Full Article

INPEX commences commercial operations of second unit of Sarulla Geothermal Independent Power Producer project in Indonesia
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Inpex Corp <1605.T>:* Says it commenced commercial operations of the second unit of the Sarulla Geothermal Independent Power Producer Project in Indonesia through its subsidiary INPEX Geothermal Sarulla, Ltd.* With the commencement of commercial operations of the second unit, the Project's total output generated by the first and second units will amount to approximately 220MW .  Full Article

Inpex commences dispatch of crude oil from kashagan oil field in North Caspian Sea
Friday, 14 Oct 2016 

Inpex Corp <1605.T>: Says stable production has been achieved from the Kashagan Phase 1 offshore project in the Kazakh sector of the North Caspian Sea . Says as of Oct. 13, the onshore processing plant has dispatched the first batch of crude oil destined for export .Says INPEX North Caspian Sea Ltd., a subsidiary of INPEX, holds a 7.56 percent equity interest in the Kashagan project, which is operated by North Caspian Operating Company (NCOC), on behalf of a consortium of national and international oil companies including INPEX.  Full Article

INPEX begins natural gas supply to Nissan Chemical Industries
Thursday, 18 Aug 2016 

Inpex Corp <1605.T>:Says it has begun supplying natural gas to Nissan Chemical Industries, Ltd. through the Toyama Line extension of its natural gas trunk pipeline network that travels from Itoigawa City, Niigata Prefecture, Japan to Toyama City, Toyama Prefecture, Japan.  Full Article

JBIC providing roughly 120 billion yen in financing for Japanese consortium - nikkei
Monday, 4 Jul 2016 

: JBIC is providing roughly 120 bln yen ($1.16 bln) in financing for Indonesian liquefied natural gas project taken on by Japanese consortium - Nikkei . JBIC inked a contract thursday with a JV formed by partners including Mitsubishi Corp., Inpex and a member of the JX Holdings Group - Nikkei . Project aims in part to expand LNG production facilities at the Tangguh LNG plant in Eastern Indonesia - Nikkei . Total project costs will apparently run between 800 billion yen and 1 trillion yen - Nikkei Source - http://s.nikkei.com/29lr9tB (Bengaluru Newsroom; +1 646 223 8780).  Full Article

INPEX and MHI conclude memorandum on joint study of technological challenges in the energy sector
Wednesday, 25 May 2016 

Inpex Corp <1605.T>: Says INPEX CORPORATION (INPEX) and Mitsubishi Heavy Industries, Ltd. <7011.T> (MHI)jointly announced that they have concluded a memorandum based on an agreement to jointly study solutions for various technological challenges in the energy sector .Says under the auspices of the memorandum, INPEX and MHI plan to jointly establish a working committee and address technological solutions including utilizing the Internet of Things and robot technology to further optimize oil and gas production operations.  Full Article

INPEX says chairman to resign
Monday, 23 May 2016 

INPEX CORP <1605.T>: Says Naoki Kuroda to resign as chairman .Says effective date on June 28.  Full Article

INPEX amends consolidated full-year outlook and confirms year-end dividend forecast for FY 2016
Tuesday, 5 Apr 2016 

INPEX CORP:Says the company amended the consolidated full-year outlook for the FY ended March 2016.Revenue forecast revised to 1,011,000 million yen from 997,000 million yen.Operating profit forecast revised to 389,000 million yen from 364,000 million yen.Ordinary profit forecast revised to 379,000 million yen from 375,000 million yen.Net profit forecast revised to 26,000 million yen from 52,000 million yen.Earnings per share revised to 17.80 yen from 35.61 yen.Comments that impairment loss is the main reason for the forecast.Confirmed year-end dividend forecast of 9 yen per share for the FY ended March 2016.  Full Article

UPDATE 1-Chevron to study Mexican oil block, no drilling seen in first 4 years

MEXICO CITY, Nov 30 U.S. oil major Chevron Corp will focus on studying the geology of its block in Mexico's deepwater Gulf during the first four-year phase of its contract, rather than drilling new wells, a senior executive said on Thursday.