HISTORY

1960-
1969 Jul.
Established by 17 Mitsui Group companies
1969 Oct.
Acquired shares of JAPEX Indonesia, Ltd., (current INPEX) from Mitsui & Co., Ltd.
1970 Sep.
Succeeded an interest in Gulf of Thailand from Mitsui Mining Co., Ltd.​
1974 Sep.
Succeeded concessions in Hokkaido from Mitsui Mining Co., Ltd.
1977 Apr.
Opened the Bangkok Office​
1978 Jan.
Participated in an oil production project in Indonesia​
1981 Aug.
Started the production of natural gas and condensate in Gulf of Thailand​
1983 Jun.
Moved to Hibiya Central Bldg. ​
1990 Feb.
Thai offshore gas sales reached a total of ​1 trillion cubic feet​
1990 Apr.
Merged with SouthEast Asia Petroleum Exploration Co., Ltd.
1996 May.
Acquired an interest in Vietnam
2000-
2002 Jun.
Participated in an oil production project ​in Oman​
2004 Jan.
Started an operator project in onshore Thailand​
2005 Aug.
Participated in an oil production project in Gulf of Thailand​
2010 Mar.
Participated in a Shale Gas project in onshore U.S.​
2012 Jun.
First oil production from the operator project in onshore Thailand​
2012 Dec.
Participated in the geothermal business​
Participated in a North Sea production project in UK​
2013 Jun.
Participated in an oil development project in Italy​
2013 Sep.
Acquired an interest in Myanmar​
2015 Dec.
Acquired an interest in Brazil​
2016 Nov.
Participated in an oil development project in the U.S. Gulf of Mexico (“Kaikias Deep-water project”)
2017 Nov.
Acquired an interest in Malaysia​
2018 May.
First oil production from the Kaikias ​Deep-water project the U.S. Gulf of Mexico​
2018 Aug.
Acquired an interest in onshore Indonesia​
2019 Dec.
First oil production for the Tempa Rossa Project in Italy​
2020 Nov.
Moved to Otemachi One Mitsui&Co. Building​(current Head Office)
2022 Mar.
Became 100% subsidiary of Mitsui & Co.
2022 Apr.
Expiry of the concession agreement for the Erawan project, offshore Thailand
2022 Dec.
Withdrawal from Myanmar projects
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