History Of Nippon Oil Exploration Limited

Date		History of Nippon Oil Exploration Limited Main Business Developments	Date		History of Mitsubishi Oil Co., Ltd. Main Business Developments
1888	May	Nippon Oil established
			1931	February	Mitsubishi Oil established
1990	November	Malaysia: Discovered Helang gas field in Block SK10
1991	June	Established Nippon Oil Exploration (Asia) Limited
1992	December	Myanmar: Discovered Yetagun gas field in Block M-12/13/14
			1994	June	Vietnam: Discovered Rang Dong oil field in Block 15-2
1997	February	Indonesia: Discovered Vorwata gas field in Berau Block
	November	Changed trade name from Nisseki Asia Oil Development Co., Ltd. to Nippon Oil Exploration Limited
			1998	August	Vietnam Production commenced at Rang Dong oil field
1999	April	Nippon Oil Corporation and Mitsubishi Oil Co., Ltd. merged and changed trade name to Nisseki Mitsubishi Co., Ltd.
2000	May	Myanmar: Production commenced at Yetagun gas field
2001	October	Oil and natural gas exploration business succeeded by Nippon Oil and Gas Exploration Limited following a company split
Date		History of Nippon Oil Exploration Limited Main Business Developments
2002	June	Nisseki Mitsubishi Co., Ltd. changed trade name to Nippon Oil Corporation
2003	November	Malaysia: Production commenced At Helang gas field
2005	June	Vietnam: Achieved total production of 100 million barrels at Rang Dong oil field
2006	February	Vietnam: Rang Dong oil field associated gas recovery and utilization project was registered as a Clean Development Mechanism (CDM) under the Kyoto Protocol (CERs issued in February 2008)
2008	March	Papua New Guinea: Signed joint venture agreement for LNG project
	July	Vietnam: Achieved total production of 150 million barrels at Rang Dong oil field
	September	Vietnam: Production commenced at Phuong Dong oil field
2009	January	UK: Gas discovery in Culzean prospect Block 22/25a
	June	Indonesia: Tangguh LNG project commenced production