TOKYO, Jun 26 (Pulse News Wire) – INPEX Corporation (1605.T) secured EPC tender awards for the expansion of the Upper Zakum oil field in Abu Dhabi, United Arab Emirates, through its subsidiary Japan Oil Development Company alongside joint venture partners. This development aligns with INPEX's vision to expand its business scale by 60% times by 2035.
The impact on the company’s consolidated performance for the fiscal year ending December 2026 is expected to be minor. However, in the long term, the project is anticipated to contribute approximately 10% to the company’s consolidated revenue based on the latest comparable annual figures.
The Upper Zakum field expansion is set to enhance INPEX's operational footprint and reinforce its strategic position in the region. Further details and updates will be available through the company's regular communications channels.
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