HISTORY
1960-
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1969
Jul.
-
Established by 17 Mitsui Group companies
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1969
Oct.
-
Acquired shares of JAPEX Indonesia, Ltd., (current INPEX) from Mitsui & Co., Ltd.
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1970
Sep.
-
Succeeded an interest in Gulf of Thailand from Mitsui Mining Co., Ltd.
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1974
Sep.
-
Succeeded concessions in Hokkaido from Mitsui Mining Co., Ltd.
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1977
Apr.
-
Opened the Bangkok Office
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1978
Jan.
-
Participated in an oil production project in Indonesia
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1981
Aug.
-
Started the production of natural gas and condensate in Gulf of Thailand
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1983
Jun.
-
Moved to Hibiya Central Bldg.
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1990
Feb.
-
Thai offshore gas sales reached a total of 1 trillion cubic feet
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1990
Apr.
-
Merged with SouthEast Asia Petroleum Exploration Co., Ltd.
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1996
May.
-
Acquired an interest in Vietnam
2000-
-
2002
Jun.
-
Participated in an oil production project in Oman
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2004
Jan.
-
Started an operator project in onshore Thailand
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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
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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
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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”)
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2017
Nov.
-
Acquired an interest in Malaysia
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2018
May.
-
First oil production from the Kaikias Deep-water project the U.S. Gulf of Mexico
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2018
Aug.
-
Acquired an interest in onshore Indonesia
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2019
Dec.
-
First oil production for the Tempa Rossa Project in Italy
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2020
Nov.
-
Moved to Otemachi One Mitsui&Co. Building(current Head Office)
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2022
Mar.
-
Became 100% subsidiary of Mitsui & Co.
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2022
Apr.
-
Expiry of the concession agreement for the Erawan project, offshore Thailand
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2022
Dec.
-
Withdrawal from Myanmar projects
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2024
Mar.
-
Final investment decision for the Vietnam Block B Project
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2025
Jan.
-
Changed company name to Mitsui Energy Development Co., Ltd.