Myanmar News

 

Scottish firms head to Myanmar

Jun 01, 2016

Dr. Lena Wilson, chief executive of Scottish Enterprise and chair of Scotland’s Energy Jobs Taskforce, is leading the first ever delegation of Scottish companies to Myanmar in a bid to identify trade, investment and collaboration opportunities in the market…

Woodside spuds latest Myanmar probe

Jan 22, 2016

Woodside Energy and partner Daewoo International have started drilling their latest exploration well offshore Myanmar just weeks after announcing a gas discovery in the region. The latest well, the Thalin-1 well in Block AD-7, was spudded 20 January…

Battle of the seismic titans offshore Myanmar

Jan 21, 2016

It's what just a few years ago was seen as possibly one of the most unlikely places for a battle over who could tow the largest seismic spread. However, just that is underway offshore Myanmar, or Burma, which has come under exploration…

Myanmar pays off for Woodside

Jan 04, 2016

Woodside Energy has made a gas discovery offshore Myanmar giving hope to the string of majors who entered the country following its emergence from sanction driven isolation.  Woodside made the discovery on the Shwe Yee Htun-1 exploration well in Block A-6 in the Rakhine Basin…

PGS claims seismic spread record

Dec 17, 2015

Norway-based geoscience firm PGS has laid claim to the industry's largest seismic spread, offshore Myanmar. The firm says its vessel, the Ramform Titan, working in the Bay of Bengal, is towing the industry’s first ever single vessel 18 streamer seismic operation…

BG Group, Woodside start Myanmar seismic

Nov 20, 2015

Two seismic acquisition campaigns are due to start offshore Myanmar in coming weeks according to reports of a notice in state media from the country. UK-based BG Group and Australia’s Woodside Energy will both start 3D campaigns later this month using the Ramform Sovereign and Ramform Titan…

Tap oil to tap offshore Myanmar

Aug 27, 2015

Australian oil and gas explorer Tap Oil announced its entry into Myanmar to explore reserves in the shallow water areas in the Moattama basin. Tap, along with its joint venture partners, will explore the 13,000sq km Block M-7 located 160km east of the 6…

Bibby Singapore gets Myanmar contract

Mar 25, 2015

Bibby Offshore’s Asian division, Bibby Offshore Singapore (BOS), secured a contract with the Moattama Gas Transportation Co. (MGTC) to provide remote operated vehicle (ROV) pipeline inspection, remedial work and associated project management on its Southeast Asia asset offshore Myanmar…

3D seismic shoot to start off Myanmar

Feb 13, 2015

Norway based geoscience firm Dolphin Geophysical has been awarded a contract for 3D data acquisition and processing of 10,000sq km. with Ophir Energy in Myanmar. The work will start in Q1 with a vessel already in the region planned to tow an industry first configuration…

Ophir signs Myanmar PSC

Dec 05, 2014

Ophir Energy signed a production sharing contract (PSC) with the Myanmar Ministry of Energy to finalize the award of Block AD-03, offshore Myanmar. Upon the terms of the agreement, Ophir will be the operator with a 95% interest in the 10…

Statoil, EMGS enter multi-client agreement

Dec 02, 2014

Electromagnetic Geoservices ASA (EMGS) entered into a data licensing agreement with Statoil ASA worth US$10 million for the provision of 3D EM data from EMGS' multi-client data library in Norway. After adjustment for partner's share of the revenues…

EMGS gets Asian contract

Dec 01, 2014

PTTEP International awarded Electromagnetic Geoservices ASA (EMGS) a US$7 million contract in Thailand and Myanmar. In October, EMGS received the letter of intent for the 3D EM data acquisition. The survey will be done using the vessel BOA…

Ophir confirms offer for Salamander

Nov 03, 2014

Ophir Energy has confirmed that it has made an offer to the board of Salamander Energy setting out the terms of a possible takeover.  Ophir says there is a “compelling strategic logic for a combination of the two businesses,” with assets in both Africa and South East Asia…

EMGS gets first job in Thailand

Oct 31, 2014

Electromagnetic Geoservices ASA (EMGS) is making its entrance into Thailand after receiving a US$7 million letter of intent for 3D EM data acquisition in Thailand and Myanmar. The survey will be done using the vessel BOA Thalassa and…

Ophir acquires Indonesian PSCs

Oct 27, 2014

Ophir Energy plc entered into an agreement with Niko Resources to acquire interests in seven deepwater production-sharing contracts (PSCs) in Indonesia. Image from Ophir.   The PSCs have equity interests ranging from 18…

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