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Drilling of new wells in Shwe gas field project to start early 2020

The overall Shwe natural gas project includes the A-1 and A-3 blocks. The A-block contains Shwe and Shwe Phyu fields and A-3 contains the Mya field. The eight development wells will be dug first at the Shwe and Shwe Phyu fields in block A-1and the work is expected to take eight months. Once the wells […]

Korean firms flock to ‘Asia’s last frontier’ Myanmar

In line with President Moon Jae-in’s tour of Southeast Asia this week, South Korean business leaders and ranking officials visited Myanmar, the reclusive country bordering China — that is opening up now. Several of them chose to visit Myanmar exclusively –- from Tuesday to Thursday — skipping Moon’s other destinations such as Thailand and Laos. […]