ConocoPhillips and Statoil sign deal for deepwater block

Norway’s Statoil and US-based ConocoPhillips will invest more than US$300 million in the exploration and production of offshore oil and gas in Myanmar, according to an official from the Ministry of Energy (MOE). The two international oil companies signed a Production Sharing Contract (PSC) for deepwater block AD-10, located off Myanmar’s Rakhine coast, on April […]

Canadian Foresight Group to Explore Tanintharyi Offshore Block

Canadian Foresight Group Pte Ltd, through its wholly owned subsidiary CFG Energy Pte Ltd along with its partners, has signed a production sharing contract (PSC) with the Myanmar Oil and Gas Enterprise (MOGE) for a shallow offshore block M15. The firm’s partners are TRG M15 Pte Ltd, part of the Transcontinental Group based in Western […]

MIC gives nod to last foreign oil firms

The last international oil companies that must still sign Production Sharing Contracts with Myanma Oil and Gas Enterprise have now received permission from Myanmar Investment Commission, a statement said yesterday. International oil firms have been signing the Production Sharing Contracts – which govern exploration and production activities – since December, following a bidding round for […]

Myanmar Offshore Oil & Gas Tender Winner List

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. The Government of The Republic of The Union of Myanmar Ministry of Energy Dated: 26th March, 2014 Selected Candidates and Related Blocks for Myanmar Offshore Blocks Bidding Round-2013 The Ministry of Energy of the Republic of the Union […]