Europe

Snorre Project and others

Snorre Project

Contract area
(block)
Project status Venture company
(established)
Interest owned
(*Operator)
PL057 In production (Snorre) INPEX Idemitsu Norge AS
(September 25, 1989)
INPEX Idemitsu Norge AS 9.6%
Equinor* 31.0%
Petoro 30.0%
Wintershall Dea 24.5%
Vår 4.9%
PL089 In production (Snorre, Tordis, Vigdis, Statfjord Øst, Sygna) INPEX Idemitsu Norge AS 9.6%
Equinor* 41.5%
Petoro 30.0%
Vår 16.1%
Wintershall Dea 2.8%
PL537,
PL537B
Under exploration (blocks where oil/gas accumulations were confirmed) INPEX Idemitsu Norge AS 10.0%
Equinor* 35.0%
Lundin 35.0%
Petoro 20.0%

In January 2022, INPEX acquired 50.5% of shares in Idemitsu Snorre Oil Development Co., Ltd. (new corporate name: INPEX Norway Co., Ltd.), which had been held by Idemitsu Kosan Co., Ltd. and Osaka Gas Summit Resources Co., Ltd. Through its wholly owned Norwegian subsidiary INPEX Idemitsu Norge AS (IIN), INPEX Norway currently owns 10 oil and gas assets in production, including the Snorre Project, as well as interests in multiple promising discovered but undeveloped oil and gas fields and exploration licenses. The new addition is expected to help optimize INPEX’s upstream business portfolio.
The Snorre Project, IIN’s flagship asset, is expected to draw approximately 35% of its entire power from the Hywind Tampen floating wind farm currently under construction. Furthermore, Wisting Oil Field development plan located in PL537 and 537b are considering reducing CO2 emissions from oil and gas field production plants by using power from onshore hydropower generation.

Other projects

Contract area
(block)
Project status Venture company
(established)
Interest owned
(*Operator)
PL090,
PL090E
In production (Fram) INPEX Idemitsu Norge AS INPEX Idemitsu Norge AS 15.0%
Equinor* 45.0%
Vår 25.0%
Neptune 15.0%
PL090B In production(Byrding) INPEX Idemitsu Norge AS 15.0%
Equinor* 70.0%
Neptune 15.0%
PL090G In production(Fram H-Nord) INPEX Idemitsu Norge AS 40.0%
Equinor* 45.0%
Neptune 15.0%
PL090C In production(Vega) INPEX Idemitsu Norge AS 15.0%
Wintershall Dea* 45.0%
Spirit 25.0%
Neptune 15.0%
PL636,
PL636C
In production(Duva) INPEX Idemitsu Norge AS 30.0%
Neptune* 30.0%
PGNiG 30.0%
Sval 10.0%
PL882,
PL882B
Under exploration (blocks where oil/gas accumulations were confirmed) INPEX Idemitsu Norge AS 20.0%
Neptune* 45.0%
Petrolia NOCO 20.0%
Concedo 15.0%
PL090I INPEX Idemitsu Norge AS 15.0%
Equinor* 45.0%
Vår 25.0%
Neptune 15.0%
PL090JS INPEX Idemitsu Norge AS 40.0%
Equinor* 40.0%
Neptune 15.0%
Wellesley 5.0%
PL293B INPEX Idemitsu Norge AS 10.0%
Equinor* 51.0%
DNO 29.0%
Longboat 10.0%
PL318,
PL318B,
PL318C
INPEX Idemitsu Norge AS 20.0%
Equinor* 60.0%
Petoro 20.0%
PL609,
PL609B,
PL609D
INPEX Idemitsu Norge AS 15.0%
Lundin* 55.0%
Wintershall Dea 30.0%
PL090F Under exploration INPEX Idemitsu Norge AS 40.0%
Equinor* 45.0%
Neptune 15.0%
PL090HS INPEX Idemitsu Norge AS 15.0%
Equinor* 45.0%
Spirit 25.0%
Neptune 15.0%
PL636B INPEX Idemitsu Norge AS 30.0%
Neptune* 30.0%
PGNiG 30.0%
Sval 10.0%
PL1133 INPEX Idemitsu Norge AS 10.0%
Lundin* 35.0%
Equinor 35.0%
Petoro 20.0%
PL1153 INPEX Idemitsu Norge AS 30.0%
Aker BP* 40.0%
Wintershall Dea 30.0%
PL1170 INPEX Idemitsu Norge AS 10.0%
Lundin* 35.0%
Equinor 35.0%
Petoro 20.0%
PL1130 INPEX Norge AS INPEX Norge AS* 60.0%
M Vest 20.0%
Wintershall Dea 20.0%
PL1016 INPEX Norge AS 40.0%
OMV* 60.0%
PL1129 INPEX Norge AS AS 30.0%
Wintershall Dea* 40.0%
Lundin 30.0%
生産施設から望むHywind Tampen(完成予想図)
Rendering of Hywind Tampen as viewed from the platform, upon completion

Offshore Wind Power Generation Business in the Netherlands

Contract area
(block)
Project status Venture company
(established)
Shareholders
Luchterduinen (Q10) In commercial operation INPEX Renewable Energy Europe LimitedM
(November 17, 2021)
INPEX Renewable Energy Europe Limited 50%
Eneco 50%
Borssele III/IV (B34) INPEX Renewable Energy Europe Limited 15%
Eneco 10%
Shell 20%
Luxcara 10%
Partners Group 45%

INPEX entered in December 2021 a stock transfer agreement with Diamond Generating Europe B.V. (DGE-NL), a Dutch registered, wholly owned second generation subsidiary of Mitsubishi Corporation, and, after approval by concerned parties, acquired a 50% stake in the Luchterduinen offshore wind farm in February 2022 and a 15% stake in the Borssele III/IV offshore wind farm in March 2022, both operating off the coast of the Netherlands. The Luchterduinen offshore wind farm is located 23 kilometers offshore Noordwijk and has been in commercial operation since September 2015 with an output scale of 129 megawatts produced by 43 3-megawatt units. The Borssele III/IV offshore wind farm is located 22 kilometers off the coast of Westkapelle and has been in commercial operation since January 2021 with an output scale of 731.5 megawatts produced by 77 9.5-megawatt units.

地図:ルフタダウネン洋上風力発電所
ルフタダウネン洋上風力発電所
Luchterduinen Offshore Wind Farm