ICEP was established in 1992 with the aim of contributing to the strategic and efficient promotion of oil and gas exploration and development projects by Japanese companies. ICEP's activities consist of (1) Information Services for member companies, (2) Research and Surveys, and (3) E&P Cooperation with Oil Producing Countries.
E&P Cooperation with Oil Producing Countries will be described as follows.
Recognizing that friendly relationships with oil producing countries are mutually beneficial in order to assist in ensuring overall stable and secure supplies of oil and natural gas to Japan, ICEP has been implementing E&P cooperation programs with oil producing countries since 1996. This program comprises of the following three types of projects;
1) Collaborative R&D Projects
ICEP implements R&D projects jointly with oil producing countries utilizing personnel and the information/data services of Japanese oil E&P companies for technological cooperation in the field of oil development. These projects utilize advanced technology and processes available and focus on active companies and projects.
2) Research and Surveys Projects
With the expectation from oil producing countries of Japanese economic, technological, and political cooperation, ICEP coordinates personnel and investigative projects with Japanese E&P organizations, providing information on oil producing countries.
3) Personnel Exchange Projects
To facilitate the advancement of Japanese oil development companies and to strengthen relationships with oil producing countries, ICEP implements personnel and information exchanges such as dispatching missions to oil producing countries and holding seminars inviting principal persons of those countries.
As the results of these projects, some Japanese companies successfully obtained working interests in exploration and production blocks in Surinam, India and Vietnam and etc..
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