Shell Inks Contract to Explore 3 Offshore Oil and Gas Blocks

RANGOON — Royal Dutch Shell and its Japanese partner Mitsui Oil Exploration Co., Ltd. (MOECO) signed an exploration and production sharing contract with state-owned firm Myanma Oil and Gas Enterprise (MOGE) in Naypyidaw on Thursday for three offshore deep-water blocks. The contract allows Shell to assess the potential of deep-water blocks AD-9 and AD-11 off […]

Kyaukphyu gets critical role in AEC

The Kyaukphyu region has become the Asean’s last gateway and economically important spot, according to a report issued during the workshop regarding the Asean Economic Community (AEC) held on Tuesday at Sakura Tower, Yangon. “Kyaukphyu is important for its geographically strategic location. Its surrounding waters are deep enough for large ocean-going vessels to dock. We […]