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 Ireland Killoran Concentrates Limited 100.00
Anglo American South Africa Petard Nominees Limited 100.00
Anglo American Chile Minorco Inversud S A 100.00
Anglo American United Kingdom Anglo American plc 100.00
Anglo American British Virgin Islands A.R.H Investments Limited
Anglo American Australia Anglo American Australia Finance Limited
Anglo American Namibia Rosh Pinah Health (Pty) Ltd 72.03
Anglo American South Africa Zimshelf Seven Investment Holdings (Pty) Ltd 100.00
Anglo American Canada Anglo Coal Canada Management Gp Inc 100.00
Anglo American Liberia Aval Holdings Limited 100.00
Anglo American South Africa Coradick Proprietary Limited 100.00
Anglo American United Kingdom Greater London Asphalt Limited (previously known as Pennine Haulage Limited) 100.00
Anglo American United Kingdom Tarmac Fleming (Quarries) Limited 100.00
Anglo American United Kingdom Situsec Roadstone Limited 100.00
Anglo American South Africa Main Place Holdings (Pty) Ltd 100.00
Anglo American Australia PWB Anchor Limited 100.00
Anglo American Luxembourg Anglo Australia Investments Sarl 100.00
Anglo American Canada Ambay Nominees Limited
Anglo American South Africa Anglo American Farms Ltd 100.00
Anglo American Germany Rapid Beton Gmbh 50.00
Anglo American United Kingdom United Marine Aggregates Limited 100.00
Anglo American France Sas Veodal 66.67
Anglo American United Kingdom Tarmac Western Limited 100.00
Anglo American South Africa Anglo Operations Limited 100.00
Anglo American South Africa El Ramsden Bleskop (Pty) Ltd 79.70
Anglo American United Kingdom Tarmac Properties Home Countries Limited 100.00
Anglo American South Africa Buttercup Company Limited 100.00
Anglo American United Kingdom Tarmac Central Limited 100.00
Anglo American United Kingdom Ever 2512 Limited 100.00
Anglo American United Kingdom Tarmac Roofing Systems Inc 100.00
  • Number of subsidiaries: 6093
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