Tap Oil Signs PSC for Block M-7, Brings Myanmar 2013 Bid Round to a Close

Australia’s Tap Oil Limited signed Wednesday a Production Sharing Contract (PSC) for the shallow water Block M-7 in the Moattama Basin, Myanmar, formally bringing to a close the 20 blocks awarded by the Ministry of Energy under the 2013 Myanmar Bid Round. Tap Oil owns a 95 percent operating interest in Block M-7 through its […]

Dawei Economic Zone ‘Lacks Clarity’ as Another Thai Firm Claims Deal

A little-known private company based in Bangkok is the latest to lay claim to becoming the major electricity provider for the Dawei Special Economic Zone—a project to build a regional economic hub in southern Myanmar that has generated much talk, but little action. Andaman Power & Utility Company Limited says it has been chosen by […]