Oil and Natural Gas
HOME >  Oil and Natural Gas >  Overseas geological and geophysical surveys

Overseas geological and geophysical surveys

 Overseas geological and geophysical G&G surveys are conducted to evaluate the potential of prospective area, on the request from foreign governments and national oil companies or by the proposal from JOGMEC. Through these surveys, we build cooperative relationships with the host country, and we encourage the participation of Japanese companies to the area through the surveys. Since 1979, JOGMEC and its predecessor, Japan National Oil Corporation (JNOC), have conducted 64 overseas geological surveys in 28 countries (including surveys currently in progress).

Recent achievements

Japanese Companies entered into PSC after the survey project in offshore southwest Vietnam

 Under the Joint Study Agreement between JOGMEC and Vietnam Oil and Gas Group (“PETROVIETNAM”), Idemitsu and JOGMEC carried out 2D Seismic acquisition and Geochemical Studies in offshore southwest Vietnam from October 2011 to August 2013. As a result, Idemitsu exercised the exclusive right to negotiate with PETROVIETNAM regarding the Production Sharing Contract (“PSC”) with receiving Sumitomo as a partner. Japanese companies (Idemitsu and Sumitomo) concluded the PSC with PETROVIETNAM in August 2015. JOGMEC continues to be involved through providing equity capital to the project.

Geological and Geophysical survey project in Seychelles

 In August 2013, JOGMEC signed a Joint Survey Agreement with the Ministry Responsible for Hydrocarbons and PetroSeychelles, for the evaluation of hydrocarbon potential in offshore Seychelles under the Exploration License granted by the Government of Seychelles.

Geological and Geophysical survey project in Uzbekistan

 In October 2015, JOGMEC signed a Joint Survey Agreement with National Holding Company “Uzbekneftegaz” for geological and geophysical evaluation in south Uzbekistan. We are conducting Seismic data reprocessing, Geochemical survey and Satellite image analysis.

Geological and geophysical survey project in Kenya

 Eastern Africa has a potential to evolve into a new oil producing region. JOGMEC has been carrying out an overseas geological and geophysical survey project in onshore Kenya with National Oil Corporation of Kenya (NOCK) since April 2012.