sentences:  In 1959, it merged with several other trading companies and changed its name to Mitsui & Co., Ltd.
  
  During Japan's period of rapid postwar economic growth, the firm was a key player in several major natural resources projects.In 1971, it took a stake in an offshore gas field near Das Island in Abu Dhabi, which supplies liquefied natural gas to Japan on an exclusive basis; it invested in a major Western Australian LNG project in 1985 and in the Sakhalin II project in 1994.Its subsidiary Mitsui Oil Exploration's MOEX Offshore had a 10% stake in the "Deepwater Horizon" well in the Gulf of Mexico through a subsidiary, and in May, 2011, MOEX agreed to pay US$1.07 billion to settle British Petroleum claims against it over the explosion and oil spill at the well.