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 Australia Monash Energy Coal Ltd 100.00
Anglo American Botswana Wire Industries Botswana (Pty) Ltd 50.00
Anglo American United Kingdom Tilcon (North) Limited 100.00
Anglo American Romania Tarmac Industrial Minerals Srl 100.00
Anglo American United Kingdom Tarmac Roadstone Nominees Limited 100.00
Anglo American South Africa Springfield Collieries 100.00
Anglo American South Africa Petard Nominees Limited 100.00
Anglo American Australia PWB Anchor Limited 100.00
Anglo American United Kingdom Richard Lees Limited 100.00
Anglo American France Sas Carrieres De Condat 100.00
Anglo American British Virgin Islands Ambase Exploration (Morocco) Limited
Anglo American Portugal Anapiron Consultadoria E Servicos Limitada
Anglo American Australia Anglo American Australia Holdings Ltd
Anglo American United Kingdom Anglo American Ferrous 2 100.00
Anglo American Australia Anglo American Investments (Australia) Limited 100.00
Anglo American United Kingdom Anglo American Services (Russia) Limited 100.00
Anglo American Australia Anglo Coal (Dartbrook Management) Pty Ltd
Anglo American Luxembourg Anglo Coal CMC 1 S A 100.00
Anglo American Brazil Anglo Platinum Brasil S A 100.00
Anglo American Ireland Azela Ltd 100.00
Anglo American United Kingdom Bristol Channel Aggregates Limited 100.00
Anglo American South Africa Copper Moon Trading 567 (Pty) Ltd 73.00
Anglo American Australia Eastgold Australia Pty Ltd 100.00
Anglo American France Granits Du Centre 90.00
Anglo American United Kingdom Isle of Wright Aggregates Limited 100.00
Anglo American Poland Libet S.A. 100.00
Anglo American Liberia Midway Investment Limited 100.00
Anglo American United Kingdom Nash Rocks Limited 100.00
Anglo American South Africa Umbani Mining Ltd 100.00
Anglo American South Africa Zimshelf Four Investment Holdings (Pty) Ltd 100.00
  • Number of subsidiaries: 6093
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