Inpex Corp News

 

Petronas, Inpex Secure Oil and Gas Exploration Rights off Indonesia

May 22, 2025

Petronas Energy Serpang, in association with Inpex and EO Serpang (EOS), have jointly been awarded rights to explore the Serpang Working Area located offshore Eastern Java in Indonesia.The award comes as part of the second Indonesia Petroleum Bidding Round 2024 hosted by the Ministry of Energy and Mineral Resources of Indonesia.Japan’s Inpex through its subsidiary, Inpex Serpang, signed a Production…

Inpex Joins Norway’s Trudvang CCS Project

Dec 13, 2024

Japan’s top oil and gas producer Inpex has joined Trudvang carbon capture and storage (CCS) project offshore Norway, by acquiring 30% of Sval Energi’s 40% share in the scheme.Trudvang CCS is a large-scale CCS project that aims to cumulatively…

INPEX Acquires Stake in Block Offshore Western Australia

Aug 21, 2023

INPEX has established a new company INPEX Cash Maple and acquired 74% of the participating interest held by PTTEP Australasia in the AC/RL7 block offshore from Western Australia.TotalEnergies Exploration Australia, a subsidiary of TotalEnergies…

Australian Operations Continue: INPEX Extends Noble Deliverer Rig Contract

Aug 04, 2023

INPEX Operations Australia, an Australian subsidiary of the Japanese firm INPEX, has exercised an option to extend the contract for the ultra-deepwater semi-submersible rig Noble Deliverer for drilling at the Ichthys field in the Browse Basin offshore Western Australia…

Indonesia's Big Gas Projects to Proceed after Global Majors Sell Stakes

Jul 25, 2023

Shell and Chevron's agreements to sell stakes in major Indonesian gas projects to Pertamina, Petronas and Eni ENI.MI will unleash development at the fields, enabling the country to boost its flagging output, the buyers said.Indonesia has seen…

Chevron, Exxon Seek State Backing for Australia CCS, Hydrogen Projects

May 17, 2023

Chevron Corp and Exxon Mobil Corp, the two largest U.S. fossil fuel companies, are seeking Australia's backing for carbon capture and storage (CCS) and hydrogen projects as they look to increase investment in a bid to slash the intensity of carbon emissions…

Australia Gov't to Change Petroleum Tax, LNG Projects to Pay More

May 08, 2023

Australia will change its Petroleum Resource Rent Tax (PRRT) to increase the tax paid by the offshore LNG industry, moves that should increase revenue by A$2.4 billion ($1.6 billion) over the next four fiscal years, Treasurer Jim Chalmers said on Saturday…

Indonesia Invites Oil Firms to Set Up Carbon Capture Facilities

Mar 10, 2023

Oil and gas companies operating in Indonesia are being encouraged to install carbon capture facilities in their working areas, the Energy Ministry said on Friday.The resource-rich country, which is also one of the world's biggest greenhouse gas emitters…

Japan's Inpex Wins Two Offshore Blocks in Malaysia

Feb 16, 2023

Japan's oil and gas company Inpex has executed Production Sharing Contracts (PSC) for two offshore blocks in Malaysia.Inpex executed the contracts with Petronas, Petronas Carigali Sdn. Bhd. (PCSB) and Petroleum Sarawak Exploration & Production Sdn…

Japan's Inpex to Ramp up LNG Output, Sales, CEO Says

Jan 12, 2023

Inpex Corp, Japan's biggest oil and natural gas explorer, aims to accelerate its expansion of production and sales of liquefied natural gas (LNG) on the premise that LNG market will remain tight in the mid-term, its CEO said on Thursday. 'Global…

Petronas Wants to Join Abadi LNG project - Indonesian regulator

Nov 16, 2022

Malaysian state oil and gas company Petronas has expressed interest in participating in Indonesia's takeover of Shell's stake in the Abadi LNG project, Indonesia's upstream oil and gas regulator told a parliamentary hearing on Wednesday.The…

Japan's Inpex Lifts Profit Forecast on Higher Energy Prices

Nov 08, 2022

Japan's biggest oil and gas explorer, Inpex Corp, lifted its full-year profit forecast by 14% to a record 400 billion yen ($2.7 billion) thanks to higher-than-expected oil and gas prices and the yen's plunge against the U.S. dollar. The company…

Japan Gov't to Retain Stake in New Sakhalin-1 Operator

Nov 01, 2022

Japan has decided to retain its stake in the new Russian operator of the Sakhalin-1 oil and gas project and has asked Japanese consortium members to stay to ensure the country's energy security, the industry minister said on Tuesday. 'The Sakhalin…

East Timor Prods Australia on Long-stalled Gas Project

Sep 07, 2022

Indonesia, South Korea, Japan and China could all be interested in investing in a long-delayed gas project in the waters between East Timor and Australia crucial to the Asian nation's future, East Timor President Jose Ramos-Horta said on Wednesday…

Inpex Exits Lucius, Hadrian North Fields in U.S. Gulf of Mexico

Sep 02, 2022

Japanese oil and gas company Inpex has transferred its entire stakes in two U.S. Gulf of Mexico offshore oilfields to project partners.The company has transferred its 10.1% stake in the Lucius Field located in the US Gulf of Mexico’s Keathley Canyon blocks 874…

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