Its role Owner
ENEOS Xplora Inc. (ENEOS Xplora株式会社), formerly JX Nippon Oil & Gas Exploration Corporation, is a Japanese company specializing in the exploration, development, and production of oil and natural gas. A key subsidiary of ENEOS Holdings, Japan's largest energy conglomerate, it operates globally with a focus on delivering stable energy supplies while advancing toward carbon neutrality through CCS/CCUS initiatives.
Key projects include the SK10 gas field offshore Sarawak, Malaysia (operator since 2003, supplying LNG to Japan); Tangguh LNG in Indonesia; PNG LNG in Papua New Guinea; Block 15-2 in Vietnam; Nakajo oil and gas field in Japan; Petra Nova CCUS in the USA; and concessions in the UAE. The company maintains offices in Tokyo, Houston, Ho Chi Minh City, and other locations.
For FY2024, it reported consolidated sales of approximately 242 billion yen and operating income of 87 billion yen, with 1,215 group employees as of March 2025.
Also known as JX Nippon Oil & Gas Exploration Corporation.
chemXplore tracks 1 project involving ENEOS Xplora, of which one is active.
4% annual energy growth to 2030; $10bn free cash flow uplift 2025–2030; $14–17bn/yr capex 2027–2032; dividend +5%/yr to 2030 and planned buybacks.
EPC tendering completed, capex trimmed to ~$14bn after ~$4bn savings; operatorship to move to ExxonMobil; LNG marketing JV and offtake deals secure 2.4 Mtpa and 1.5 Mtpa.
Revenue up 15% to RM152.4bn; PAT RM27.2bn; CAPEX RM41.4bn and full ownership of PRefChem expected in 2H 2026 amid West Asia conflict-driven volatility.
Reaffirmed long-term partnership strengthens energy security and steady LNG supply to Asia, notably Japan; underscores asset resilience and investor confidence in Malaysia’s LNG sector.
active all projects
