Inpex shuffle eyes exploration, projects

May 20, 2019
Inpex Corp., Tokyo, has reorganized “to reinforce oil and gas exploration and mergers and acquisitions capabilities” and to strengthen project execution.

Inpex Corp., Tokyo, has reorganized “to reinforce oil and gas exploration and mergers and acquisitions capabilities” and to strengthen project execution.

The company:

• Created the New Ventures and Global Exploration Division to restructure its old New Ventures Division and absorb the existing Business Development and Global Exploration units.

• Created the Strategic Projects Office, reporting to the president and chief executive officer, to “provide counsel on the implementation of key projects shaping management strategy in order to strengthen project management and execution.”

• Reorganized overseas project activities into project divisions for Asia; Oceania; Americas; Eurasia, Middle East and Africa; and Abu Dhabi.

• Created within the Technical Division units designated Digital Transformation, Operated Projects Support, Technical Support, and Well Engineering.

• Repositioned the Legal Unit as a standalone unit reporting directly to the president and chief executive officer.