As the core operating company responsible for the Cosmo Energy Group’s upstream oil business, Cosmo Energy Exploration & Production provides operational support to Abu Dhabi Oil, Qatar Petroleum Development, and United Petroleum Development—companies in which we hold equity interests. We also engage in studies and evaluations aimed at concession renewals and acquisitions. In February 2021, we acquired exploration rights for an offshore block adjacent to an existing oil field operated by Abu Dhabi Oil. Furthermore, in October 2023, we established a new company to enter the lithium resource development business in the United States.
Building on over half a century of experience in crude oil development and the strong, trusting relationships we have cultivated with Middle Eastern oil-producing countries through cultural exchange, we remain committed to providing a stable energy supply that supports daily life. At the same time, we are exploring the development and application of technologies that help achieve a sustainable society, as we work to expand our oil exploration and production operations and enter businesses in New fields.
Gota Sakai
President, Representative Director
Cosmo Energy Exploration & Production Co., Ltd.