Japan Oil Development Co., Ltd. (JODCO), a subsidiary of INPEX CORPORATION (INPEX), Japan’s largest exploration and production company, has been operating in Abu Dhabi for over 45 years. During this time, INPEX/JODCO has been involved in the development and production of oil fields both offshore and onshore, most notably partnering ADNOC on the development of the Upper Zakum Oil Field since 1978 and acquiring a 5% participating interest in the ADCO Onshore Concession in April 2015.
INPEX/JODCO’s activities in Abu Dhabi entered a new era in 2018 when the company was awarded a 10% participating interest in the Lower Zakum Concession as well as an extension of the Satah and Umm Al Dalkh concession. Today, INPEX/JODCO is engaged in concerted efforts to further enhance the production capacity of Abu Dhabi’s oil fields, particularly at the Lower Zakum Oil Field where it leads production and development activities as Asset Leader. Meanwhile, INPEX/JODCO was exclusively awarded Onshore Block 4 as operator in the 2018 Abu Dhabi Block Bid Round earlier this year. The company will work in close cooperation with ADNOC to help it unlock value from Abu Dhabi’s substantial hydrocarbon resources while further expanding and strengthening its business portfolio. INPEX/JODCO is also involved in a variety of stakeholder engagement programs in Abu Dhabi in the areas of education and cultural exchange.