JOGMEC financing West Coast of Shetland exploration project

Japan Oil, Gas and Metals National Corp. (JOGMEC) is providing 75% equity capital finance for Idemitsu Kosan's exploration project off the West Coast of Shetland.

Offshore staff

TOKYO -- Japan Oil, Gas and Metals National Corp. (JOGMEC) is providing 75% equity capital finance for Idemitsu Kosan's exploration project off the West Coast of Shetland.

Idemitsu Kosan will establish a subsidiary in the UK for the project.

04/13/2009

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