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The Netherland Indies Gas Company (''Nederlandsch Indische Gasmaatschappij'' (NIGM) was a business in the
Dutch East Indies The Dutch East Indies, also known as the Netherlands East Indies ( nl, Nederlands(ch)-Indië; ), was a Dutch colony consisting of what is now Indonesia. It was formed from the nationalised trading posts of the Dutch East India Company, which ...
,
Suriname Suriname (; srn, Sranankondre or ), officially the Republic of Suriname ( nl, Republiek Suriname , srn, Ripolik fu Sranan), is a country on the northeastern Atlantic coast of South America. It is bordered by the Atlantic Ocean to the north ...
and the
Netherlands Antilles nl, In vrijheid verenigd"Unified by freedom" , national_anthem = , common_languages = Dutch English Papiamento , demonym = Netherlands Antillean , capital = Willemstad , year_start = 1954 , year_end = 2010 , date_start = 15 December , ...
. It was founded on 10 December 1863 in the Dutch East Indies and expanded to
Suriname Suriname (; srn, Sranankondre or ), officially the Republic of Suriname ( nl, Republiek Suriname , srn, Ripolik fu Sranan), is a country on the northeastern Atlantic coast of South America. It is bordered by the Atlantic Ocean to the north ...
(1908) and
Curaçao Curaçao ( ; ; pap, Kòrsou, ), officially the Country of Curaçao ( nl, Land Curaçao; pap, Pais Kòrsou), is a Lesser Antilles island country in the southern Caribbean Sea and the Dutch Caribbean region, about north of the Venezuela coast ...
(1927). As of the World War II era, the company operated 11 gas plants and 33 power plants. The company became Overseas Gas and Electric Company, Dutch: ''Overzeese Gas- en Electriciteitsmaatschappij'' (OGEM) as of 1950. Indonesia nationalized the business in 1954. Operations in Suriname were nationalized in the 1970s. Curaçao operations were nationalized in 1977. The company diversified into trading and construction with acquisitions. In 1959 the electrical installation company Croon & Co Klaas Fibbe was purchased. In 1963, Wolter & Dros. Klaas Fibbe was acquired. In 1969, Dutch technical wholesaler Technische Unie was taken over. Construction company Eesteren was bought in 1972 and Voormolen in 1975. In September 1973 Fibbe Berend Jan Udink made became a board member and helped expand international activities of OGEM. From 1977 to 1979 construction project in
Dammam Dammam ( ar, الدمّام ') is the fifth-most populous city in Saudi Arabia after Riyadh, Jeddah, Mecca, and Medina. It is the capital of the Eastern Province. With a total population of 1,252,523 as of 2020. The judicial and administrative ...
,
Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...
was undertaken. The project includes eight buildings. In July 1977 OGEM bought an equity stake of 44% in Beton und Monierbau (B & M) in Düsseldorf. Many acquisitions were funded with debt and in the early 1980s OGEM went bankrupt after a loss of 120 million guilders in 1980. Parts of the company were reorganized under the name Engineering Building and Industry (TBI). Bankruptcy proceedings were completed in 1994.


Gallery

File:COLLECTIE TROPENMUSEUM Paviljoens op de Pasar Gambir in Batavia TMnr 60041504.jpg, Nederlandsch Indische Gasmaatschappij pavilion and Beck's Bierhalle (Beer Hall) at the
Pasar Gambir The Gambir Fair ( in Indonesian) was a fair held in 1906 and yearly from 1921 until 1942 in the Koningsplein, Batavia, Dutch East Indies (now Merdeka Square, Jakarta, Indonesia) to celebrate the birthday of Queen Wilhelmina of the Netherlands. Af ...
in
Batavia, Dutch East Indies Batavia was the capital of the Dutch East Indies. The area corresponds to present-day Jakarta, Indonesia. Batavia can refer to the city proper or its suburbs and hinterland, the Ommelanden, which included the much-larger area of the Residency ...
(1925) File:Tropenmuseum Royal Tropical Institute Objectnumber 60006324 De Heerenstraat met de toonkamer van.jpg, Heerenstraat in Paramaribo with NIGM showroom File:COLLECTIE TROPENMUSEUM Paviljoen van de Nederlandsch Indische Gasmaatschappij (NIGM) op de Koloniale Tentoonstelling in Semarang TMnr 60039523.jpg, NIGM Pavilion at the Colonial Exhibition in Semarang (1914) File:COLLECTIE TROPENMUSEUM Geparkeerde auto's bij het stationsgebouw van Garuda Indonesian Airways en KLM TMnr 60054790.jpg,
Garuda Indonesian Airways Garuda Indonesia is the flag carrier of Indonesia, headquartered at Soekarno–Hatta International Airport. A successor of KLM Interinsulair Bedrijf, it is a member of SkyTeam and the second-largest airline of Indonesia after Lion Air, operati ...
office with an Overseas Gas and Electric Company (OGEM) office on the right


References


External links

* Companies established in 1863 Oil and gas companies of Indonesia Defunct energy companies of Indonesia {{energy-company-stub