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International Oil Company Upstream TYO: 1605

Inpex

Tokyo, Japan · Established 2006 · Profile updated July 1, 2026

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Auditor Executive Assessment

Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum

Inpex Corporation is Japan's largest upstream oil and gas company, operating Ichthys LNG in Australia (operator, 72.8% stake), Abu Dhabi offshore concessions, and global exploration. Production approximates 600 kbpd oil equivalent. FY2024 revenue approximated $18 billion with net income near $4 billion. Ichthys LNG is the flagship asset producing 8.9 mtpa LNG and 100 kbpd condensate. Kashiwazaki offshore wind project diversifies into renewables. Japanese government holds approximately 18% stak...

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