The oil and gas supply chain consists of three streams: upstream, which covers the exploration, development, and production of oil and gas; midstream, which includes the transportation of oil and gas by tanker; and downstream, which includes the refinement and sales processes.
JX Nippon Oil and Gas Exploration (NOEX) is the sole upstream arm of JXTG Group and is involved in the development and production of oil and natural gas. The following shows the basic flow of our development and production business.
Sector: Oil & Energy
Year Established: 2011