JAPEX, which stands for Japan Petroleum Exploration Co., Ltd., is a prominent Japanese oil exploration and production company. It was established in 1962 and is headquartered in Tokyo, Japan. JAPEX primarily engages in the exploration, development, and production of oil and natural gas resources both within Japan and internationally.
As an exploration company, JAPEX specializes in the process of discovering and evaluating potential oil and gas reserves in different geographic locations. This involves conducting geological surveys, seismic analysis, and drilling exploratory wells to assess the commercial viability of these resources. Upon finding commercially viable reserves, the company proceeds to develop and produce oil and gas on a larger scale.
JAPEX's activities span across various regions worldwide, including Southeast Asia, Europe, Africa, the Americas, and the Middle East. The company actively collaborates with other international energy companies, governments, and local partners in joint ventures and production sharing agreements to enhance its exploration and production efforts globally.
In addition to its core exploration and production operations, JAPEX is also involved in refining and marketing of petroleum products through its subsidiary companies. The company has diversified its energy portfolio into renewable energy sources such as wind power and geothermal energy, contributing to cleaner and more sustainable energy production.
Overall, JAPEX serves as a key player in the global oil and gas industry, with its expertise in exploration, development, and production, ensuring a stable supply of energy resources both for Japan and the global market.
