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Corporate History

Corporate Information

Corporate History

1968 Apr Established Japan Drilling Company, Ltd. (JDC) with a capital of 500 million yen.
1969 Feb Built a jack-up rig "Fuji".
Aug Built a tender-assisted rig "Sakura".
1970 May Amended the articles of association. Included drilling operations in Japanese waters as one of the Company purposes.
1971 Feb Purchased "HAKURYU" from JAPEX and renamed the rig "HAKURYU-I".
Apr Increased capital to 1 billion yen.
Jun Chartered a semi-submersible rig "HAKURYU-II" from Japan National Oil Corporation (JNOC).
1972 Jan Set up a branch office in Singapore.
1973 Jun Increased capital to 1.75 billion yen.
1974 Jun Increased capital to 2.5 billion yen.
Jul Built a semi-submersible rig "HAKURYU-III"("NAGA 1").
1975 May Built a jack-up rig "HAKURYU-IV".
1977 Feb Increased capital to 4 billion yen.
Sep Built a semi-submersible rig "HAKURYU-V".
1978 Oct Built a jack-up rig "HAKURYU-VI".
1979 Apr Established "JOSCO Ltd.", a subsidiary in Tokyo, Japan.
1981 Mar Built a jack-up rig "HAKURYU-VII"("SAGADRIL-2").
Nov Built a jack-up rig "HAKURYU-8".
1983 Jun Purchased "HAKURYU-II" from JNOC.
1984 Jul Started the development work of the production well by a platform at "Agaoki Kita Oilfield", offshore Niigata, Japan.
Aug Built a jack-up rig "HAKURYU-9"("SAGADRIL-1").
1986 Apr Established "P.T. Japan Drilling Indonesia", a subsidiary in Republic of Indonesia.
Dec Completed the development work of the production well at a platform in "Agaoki Kita Oilfield", offshore Niigata, Japan.
1987 Jun Established "Japan Drilling (Malaysia) Sdn. Bhd.", a joint venture in Malaysia.
1994 Mar Laid down "HSE Management Plan", a manual for the Company's Health, Safety and Environment.
1995 Jun Moved head office to Minato-ku in Tokyo.
1997 Mar Established "Sagadril, Inc.", a subsidiary in Republic of Panama.
2002 Dec Established "Sagadril 2, Inc", a subsidiary in Republic of Panama.
2003 May Established "Pars Drilling Kish Co., Ltd.", a subsidiary in Islamic Republic of Iran.
2004 May Established "Gulf Drilling International Ltd.", a joint venture with Qatar Petroleum in State of Qatar.
2005 Feb Established "JDC Panama, Inc.", a subsidiary in Republic of Panama.
Apr Restructured "Japan Drilling (Malaysia) Sdn. Bhd." and established "UMW JDC Drilling Sdn. Bhd.", a new joint venture with UMW Corporation in Malaysia.
Aug Moved head office to Chuo-ku in Tokyo.
2008 Jun Built a jack-up rig "HAKURYU-10".
Jul Established "Hakuryu 5, Inc.", a subsidiary in Republic of Panama.
Sep Established "Mantle Quest Japan Company, Ltd.", a joint venture with NYK Line in Japan.
Sep Established "JDC Rig Management Services, Inc.", a subsidiary in Republic of Panama.
Dec Started operation and management of the ultra deep-water drillship "CHIKYU" (Owner: Japan Agency for Marine-Earth Science and Technology ) by "Mantle Quest Japan Company, Ltd.".
2009 Mar Received ISO 9001, ISO 14001 and other certificates in Offshore Drilling Division
May Established "JDC DS Delaware, Inc.", a subsidiary in U.S.A.
Dec Listed on the First Section of the Tokyo Stock Exchange, and increased capital to 7.2148 billion yen.
2010 Jan Increased capital to 7.572 billion yen.
Mar Established "Japan Drilling (Netherlands) B.V.", a subsidiary in Kingdom of the Netherlands.
2012 Oct Established "JDC Offshore Malaysia Sdn. Bhd.", a subsidiary in Malaysia.
2013 May Built a jack-up rig "HAKURYU-11".
2014 Apr Sold whole shares of Gulf Drilling International Ltd. held by JDC to local partner, Gulf International Services Q.S.C., and terminated a joint venture in State of Qatar.
Sep Established "Japan Drilling Saudi Arabia Company", a subsidiary in Kingdom of Saudi Arabia.
2015 Feb Leased a jack-up rig "HAKURYU-12" as one of our rig fleet.