Offshore Contracts Signed, But Delays Abound

One of the 13 foreign companies to win offshore oil and gas exploration licences in March has announced it has finally negotiated a production-sharing contract with the state Myanma Oil & Gas Enterprise (MOGE). But an industry report said it could be the next decade by the time any new oil or gas is actually […]

Woodside set to sign for 25% Leviathan stake as Myanmar approves exploration acreage

Woodside Petroleum’s offshore expansion has taken a large step forward with the group expected to sign final agreements overnight Thursday to take up a quarter stake in Israel’s giant Leviathan project, just as it was awarded additional exploration acreage in Myanmar. Woodside is finalising the purchase of a 25 per cent stake in the Leviathan […]

MOGE Begins Long Process to Pick Myanmar’s Oil & Gas Investors

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Negotiations have finally begun to select foreign investors to explore for oil and gas in the seas off Burma’s coast, but it could be another eight months before any licenses are awarded. The Myanmar Oil & Gas Enterprise […]