Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 27.7.2022  
C(2022 ) 5577 final  
PUBLIC VERSION  
INPEX CORPORATION  
Akasaka Biz Tower, 5 -3-1 Akasaka  
Minato -ku 
107-6332 Tokyo  
Japan  
Sumitomo Corporation  
Power Infrastructure Dept. No. 7 
Otemachi Place East Tower  
2-3-2 Otemachi, Chiyoda -ku 
100-8601 Tokyo  
Japan  
Subject : Case M.10811 - INPEX / SC / SEML  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of  the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 4 July 2022 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which   INPEX 
CORPORATION  (‘INPEX’, Japan) and Sumitomo Corporation  (‘SC’, Japan) will 
acquire  within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation  joint 
control of PT Supreme Energy Muara Laboh ( ‘SEML ’, Indonesia) .3 
2. The business activities of the undertakings concerned  are the follo wing : 
 INPEX is an exploration and production company headquartered in Tokyo, Japan. 
It engages in research, exploration, development, production and sales of oil, 
natural gas, and other mineral resources and also invests in c ompanies active in 
these fields ,  
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication  in the Official Journal of the European Union No C 265, 11.07.2022 , p. 11. 

2  SC is a trading, business management, and project development company, 
headquartered in Tokyo, Japan. SC operates worldwide and is active in various 
sectors, including: (i) metal products; (ii) transportation and construction systems; 
(iii) infrastructu re projects; (iv) media and digital; (v) l iving-related  industries  and 
real estate; and (vi) mineral resources, e nergy, chemical and electronics,  
 SEML owns and operates a geothermal power plant in the Western Sumatra 
Province of Indonesia, and sells its pr oduced electricity exclusively to the 
Indonesian state -owned electricity utility.  
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the n otified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
  
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .