Myanmar Sees Increased Offshore Exploration Work in Late 2015/Early 2016

Myanmar, one of the few frontier areas for petroleum exploration in Southeast Asia, expected to see a rise in exploratory activities by local and international oil and gas companies — who have been granted onshore and offshore blocks earlier — in late 2015 and early 2016, local media Eleven reported. “The [Myanmar] government gave the […]

Oil and gas exploration to start this year

Successful bidders for oil and gas contracts will start exploration in late 2015 or early 2016, according to a conference on the potential of the oil and gas sector held at the Union of Myanmar Federation of Chambers of Commerce and Industry in Yangon. Dr Aung Kyaw Htoo, managing director of Dare Co Ltd, said: […]