Project Darcy Day Two

Highlights

 * network of 86 company entities
 * mostly build around BP Exploration Company and BP Exploration Operating Company
 * main source: Annual Return's and Annual Accounts submitted to Companies House
 * more curiosities...

Kenilworth Oil Company Limited
Most of DAY TWO's work was centered around BP Exploration Operating Company. Since we wanted to start with the low hanging fruits first, the subsidiary turned out to be a goldmine: it is directly connected to around 50 separate companies across the world, all neatly listed in its Annual Accounts file.
 * BP Exploration (Algeria)
 * BP Kazakhstan
 * BP West Papua III Ltd
 * and many more (see screenshot below)

After having mined that file, we wanted to go up the supply chain as well, so we turned to the Annual Return document. There, you find a section on the "Full Details of Shareholders". Interesting for two reasons: the Subsidiary is owned by BP Exploration Company Ltd. Ok. Not surprisingly. For some reason, however, the parent company is listed as three different shareholders, same name, but each owning a different number of shares (A Ordiniary, B Ordinary, Ordinary). Why is that? Probably just some stock market thing, but would like to find out more about it...

More interestingly, the only other shareholder listed is Kenilworth Oil Company Limited, which has ONE share in BP Exploration Operating Company (of more than 1bn). Hmm. No idea what that means, but why would BP want to have this other company to own ONE share? And why would that other company WANT to own one share? Btw, after a quick search it seems Kenilworth is owned by Clondalkin Group Holdings B.V., a company based in the Netherlands. So maybe it's somehow related to the jurisdiction?

UPDATE (AR): Kenilworth has also 1 share in BP NEW ZEALAND HOLDINGS LIMITED UPDATE (AR) II: according to the BP plc 2010 AR, Kenilworth Oil Company is wholly owned by BP plc. The Clondalkin Group subsidiary is in fact named Kenilworth Products Limited. Wrong lead...

Single Asset Companies
Some of the affiliates are centred on a single asset - this means company filings can include information which is useful such as production and reserve figures out of a single oilfield in a country where such things are normally closed. We will start a list of all companies which appear to be single asset so that we know where to look if we want to mine them later for such data.


 * Bunduq Company Limited
 * Producing 13,000 barrels of oil a day from the Bunduq field in Abu Dhabi. Been running since the 70s. Other partners are Total S.A. and Japan Oil Development Company. UK company filing AAs to COmpany House.


 * West Papua I
 * West Papua III

Zoomed in