Piping Profits

Piping Profits

PWYP Norway can reveal that ten of the world’s most powerful oil, gas and mining companies own 6,038 subsidiaries and over a third of them are based in secrecy jurisdictions. The three Norwegian companies mapped own 55 subsidiaries, 20% of which are based in secrecy jurisdictions. On these pages you will find more information about this project, the detrimental effects of secrecy jurisdictions and how these can be tackled. The database is publicly available and can be explored here.

Due to lack of resources, it will not be continually updated, but nevertheless represents an excellent snapshot of extractive industries and their subsidiaries in 2011. The Piping Profits database includes information on the 13 case studies and their 6,093 subsidiaries, containing details of:

  • The Parent Company
  • The Subsidiary Name
  • The location in which the subsidiary is incorporated
  • The percentage of the subsidiary owned by the parent company

Below it is possible to search in the database by company, country and/or subsidiary, and using the buttons below the list of findings, it is possible to export the data to Excel.

Company Country Subsidiary Percent owned
BHP South Africa Middelburg Mine Services (Proprietary) Limited 100.00
BHP Cayman Islands Global BHP Copper Limited 100.00
BHP South Africa Consolidated Nominees (Proprietary) Limited 100.00
BHP Netherlands Billiton Investment 7 B V 100.00
BHP United States BHP Petroleum (U K) Corporation 100.00
BHP United States BHP Hawaii Inc 100.00
BHP Netherlands BHP Billiton South Africa Holdings B V 100.00
BHP Netherlands BHP Billiton Marylebone B V 100.00
BHP South Africa BHP Billiton Global Aluminium Technology (Proprietary) Limited 100.00
BHP Australia BHP Billiton Australia Investment 3 Pty Ltd 100.00
BHP Jersey WMC (Mineral Sands) Limited 100.00
BHP South Africa Richards Bay Coal Terminal Company Limited 50.00
BHP Finland Oy Alwima Limited 100.00
BHP Brazil Jenipapo Recursos Naturais S A 100.00
BHP Bermuda Cerrejon Coal (Bermuda) Ltd 33.00
BHP Netherlands Billiton Exploration and Mining Indonesia BV 100.00
BHP United States BHP Minerals Service Company 100.00
BHP Australia BHP Capital No 20 Pty Limited 100.00
BHP South Africa BHP Billiton Raw Materials Limited 100.00
BHP United States BHP Billiton Petroleum (GOM) Inc 100.00
BHP Australia BHP Billiton Nickel Operations Pty Ltd 100.00
BHP Netherlands BHP Billiton Marketing B V 100.00
BHP Jersey BHP Billiton Jersey Limited 100.00
BHP South Africa BHP Billiton Energy Coal South Africa Limited 100.00
BHP St. Lucia BHP Billiton (Trinidad) Holdings Limited 100.00
BHP Namibia WMC Resources (Namibia) (Proprietary) Limited 100.00
BHP South Africa Westchester Insurance Company (Proprietary) Limited 100.00
BHP British Virgin Islands San Felipe Mining Limited 100.00
BHP Australia QNI Metals Pty Ltd 100.00
BHP Mozambique Mozal S A R L 47.00
  • Number of subsidiaries: 6093
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