Myanmar News

Technology-led exploration success

May 01, 2015

For Shell, exploration isn’t just about the seismic, it’s about joining up the petabytes’ worth of seismic dots between its global team of experts. Meg Chesshyre reports. Subsurface imaging, but…

Woodside inks Myanmar PSCs

Mar 23, 2015

Australia's Woodside Energy has signed production sharing contracts (PSCs) for offshore blocks AD-2, AD-5, A-4 and A-7, offshore Myanmar, paving the way for the company to start exploration work in the basin. The Blocks were awarded to the company in the 2013 Myanmar Offshore Bid Round…

Bourbon crew kidnapped off Nigeria

Apr 13, 2015

French vessel operator Bourbon confirmed that three Nigerian crew members were kidnapped off one of its crew boats, the Surfer 1440, offshore Nigeria. Image from Bourbon. In a statement…

Dolphin Geo’s Sanco Sword deployed off Myanmar

Mar 25, 2015

Dolphin Geophysical mobilized the one of largest floating objects by deploying a seismic spread of 12 streamers, 7050m in length with 150m streamer separation, off the coast of Myanmar for Ophir Energy. The Sanco Sword…

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…

Great expectations

Jan 01, 2015

As the offshore industry grows in complexity – in terms of projects and geographies – software is playing an increasing role in engineering, both to aid engineering and collaboration, as projects increase in complexity and diversity. Meg…

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/Salamander agree proposed offer terms

Nov 21, 2014

Salamander Energy and Ophir Energy have agreed the proposed terms of a deal which would see Ophir takeover Salamander. The two companies say that the move had “compelling strategic logic,” including a strong balance sheet, enhanced operating…

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…

Eni in big Indonesian find

Oct 27, 2014

Eni made an “important” gas discovery in the Merakes exploration prospect, located in the East Sepinggan Block, offshore Indonesia. The East Sepinggan block is located in the offshore East Kalimantan (Borneo), 170km south of the Bontang…

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