Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.
Upstream · International E&P
International Petroleum Corporation
International Petroleum Corporation is an oil and gas exploration and production company with operations in Canada, Malaysia, and France.
International Petroleum Corporation (IPC) is a Houston-registered international oil and gas exploration and production company with a diversified portfolio of assets across Canada, Malaysia, and France. The company focuses on the sustainable development of its existing assets while pursuing acquisition-driven growth. IPC benefits from a low-cost operating model and long-life reserves that provide stable production and cash flow. The company is part of the Lundin Group of companies, which has a long history of value creation in the natural resources sector.
Headquarters
Houston, TX
Founded
2017
Employees
400
Revenue
$900M
CEO
William Lundin
Website
international-petroleum.comIPC was formed in 2017 as a spin-off from Lundin Petroleum (now Lundin Energy). The company was created to hold a portfolio of international upstream assets that could be developed independently. Since its formation, IPC has grown through acquisitions in Canada and continued development of its legacy assets in Malaysia and France. The company has transformed from a small spin-off into a significant international producer with diversified operations.
IPC operates producing assets in Western Canada (Suffield and Onion Lake), offshore Malaysia (production sharing contracts in the South China Sea), and onshore France (Paris Basin concessions). The company's Canadian operations include both oil and gas production, while its Malaysian assets produce oil from offshore platforms. IPC's French operations represent some of the longest-producing oil assets in Europe.
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