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 Sør-Afrika Castrol Swaziland (Pty) Ltd
Conoco Phillips Holdings Co. USA Fas-Gas Retail Services Co. of Texas 49.00
BP Storbritannia Castrol Overseas Nominees Ltd
Conoco Phillips Holdings Co. USA Gulf Coast Fractionators 22.50
BP Storbritannia Dussek Campbell Ltd
Conoco Phillips Holdings Co. USA Lobo Pipeline Company L.P. 100.00
BP Storbritannia The Burmah Oil Company (Pakistan Trading) Ltd
Conoco Phillips Holdings Co. USA Raptor Natural Pipeline LLC 100.00
Conoco Phillips Holdings Co. Georgia TS Inc. 100.00
BP Luxemburg Aral Luxembourg SA 100.00
BP Østerrike ABG Autobahn-Betnebe GmbH 32.58
BP Nederland Onon Aardolieprodkten Ondememing B V 100.00
BP Ungarn Castrol Hugana Trading Co Ltd (Castrol Hungana Kareskedelm Kft 100.00
BP Tyskland Hiergeist Verwaltung GmbH 50.00
BP Tyskland TBN Tanklager-Betnebsgesellschaft Numberg GmbH 100.00
BP Sverige Air BP Sweden AB 100.00
BP Australia BP Finance Australia Pty Ltd 100.00
BP Spania Octano Sur S A 17.00
BP Luxemburg Aral Luxembourg Sarl 100.00
BP Storbritannia BP Exploration Personnel Company Ltd 100.00
BP Frankrike Produits Metallurgie Doittau SA PROMEDO 100.00
BP PHu My 3 BOT Power Company LTD 33.33
BP Storbritannia BP Vietnam Investments Ltd 100.00
BP Sveits TAR Tankanlagen Reumiang AG 25.30
BP Kypros ST BP Holdings Ltd 37.50
BP USA ARCO RF Services Inc 100.00
BP USA Towson Commons Ltd Partnership 81.90
BP Canada BP Canada Energy Resources Company 100.00
BP Canada ProGas Enterprises Ltd 100.00
BP USA ARCO Trinidad Inc 100.00
  • Number of subsidiaries: 6093