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
Anglo American United Kingdom Anglo Coal Holdings Limited 100.00
Anglo American Cyprus Zima (Overseas) Limited 100.00
Anglo American South Africa Balgo Nominees (Pty) Ltd 100.00
Anglo American South Africa Platinum Prospecting Company (Pty) Ltd 79.70
Anglo American United Kingdom Topmix Limited 100.00
Anglo American South Africa Silver Lake Trading 6 1 9 (Pty) Ltd 100.00
Anglo American South Africa Longboat Ltd 100.00
Anglo American Luxembourg Anglo American Investments 4 Sarl 100.00
Anglo American United Kingdom Newhaven Roadstone Limited 100.00
Anglo American Australia Anglo Coal (Dawson Services) Pty Ltd 100.00
Anglo American Brazil Coruripe Participacoes Ltda 100.00
Anglo American Zimbabwe Haggie Rand Zimbabwe (Private) Limited 100.00
Anglo American South Africa Amcoal Collieries Recruiting Organisation (Pty) Limited
Anglo American South Africa Tshipi Kwena Steel Limited 100.00
Anglo American Luxembourg Anglo Platinum International Sarl 100.00
Anglo American United Kingdom Tarmac Topfloor Limited 100.00
Anglo American United Kingdom C & H Quickmix Limited 100.00
Anglo American United Kingdom Tarmac Oman Limited 100.00
Anglo American United Kingdom Tarmac Bricks & Tiles Limited 100.00
Anglo American Canada Kaymin Resources Ltd 79.60
Anglo American United Kingdom Panvers Limited 100.00
Anglo American United Kingdom Tarmac Recycling Limited 100.00
Anglo American Luxembourg Kolco Services Limited 100.00
Anglo American Peru Moly-cop Adesur S A 92.30
Anglo American South Africa Richtrau No 123 58.97
Anglo American South Africa Fermain Nominees Limited 100.00
Anglo American Canada Alta Steel Limited
Anglo American Australia Anglo American Exploration (Australia) Pty Ltd 100.00
Anglo American Brazil Anglo Ferrous Brazil S.A. 100.00
Anglo American South Africa Bellstantia Estates (Pty) Ltd 100.00
  • Number of subsidiaries: 6093
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