Woodside signs PSCs for four Myanmar offshore blocks

Woodside has signed production sharing contracts (PSCs) for Myanmar offshore blocks AD-2, AD-5, A-4 and A-7. The AD-5 and A-7 blocks are located in the southern Rakhine basin, while AD-2 and A-4 are situated in the northern part of the basin. Woodside operates and holds a 55% and 45% interest in AD-5 and A-7 respectively. […]