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
BP USA Medina Holding Company
Conoco Phillips Holdings Co. Storbritannia Interconnector (UK) Ltd. 10.00
Conoco Phillips Holdings Co. USA Pacific Pipelines, Inc. 100.00
BP Portugal SABA Sociedade Abastecedaora de Aeronoves Lda 25.00
Conoco Phillips Holdings Co. Belgia Societe Europeenne Des Carburants (SECA) 100.00
BP Storbritannia Shell Red Sea Ltd 50.00
BP Nederland LP Gas B V 100.00
BP Tsjekkia Castrol Lubricants (CR) sro 100.00
BP Polen BP Express Sp z o o 100.00
BP Tyskland GVO Gebinde-Verwertungsgesellschaft der Mineralwirtschaft mbH 50.00
BP Italia Societa Italiana per L\\\'oleodotto Transalpino S P A 14.50
BP Nederland UTA Nederland B V 34.00
BP Australia Goldlink Petroleum Distributors Pty Ltd 100.00
BP Spania BP Oil Refinena de Castellon S A Unipersonal 100.00
BP Tyskland Aral Tankstellenfuhrungsgesellschaft mbH 100.00
BP Frankrike Groupment pour l\'Avitaillement d\'Orly GAO 33.33
BP Hellas GISSCO S A 50.00
BP Portugal Sociedade de Promocao Imobiliana Quinta do Loureiro SA 100.00
BP Sveits Sappro Sa 14.60
BP Kina Guangdong Dapeng LNG Co Ltd 30.00
BP USA ARCO China Coal Bed Methane Inc 100.00
BP USA Amoco Realty Co 100.00
BP Canada BP Canada Energy Consolidated Production Company 100.00
BP Canada CrossAlta Gas Storage & Services Ltd 40.00
BP USA ARCO Global Energy Ventures Inc 100.00
BP USA Amoco Equipment Leasing Company 100.00
BP USA Amoco Mediterranean Petroleum Company 100.00
BP Nederland BP Egypt Ras El Bar B V 100.00
BP Storbritannia Atlantic 2/3 UK Holdings Ltd 100.00
BP USA ARCO Philippines (Sulu) Inc
  • Number of subsidiaries: 6093