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…
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…
Chevron Corp. has appointed Stephen W. Green as its new president of Chevron Asia Pacific Exploration and Production effective 1 April 2016. Green, 58, succeeds Melody B. Meyer who is retiring from Chevron after 37 years of distinguished service to pursue other opportunities…
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…
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…
Shell is planning to start 3D seismic acquisition offshore Myanmar following its return to becoming an operator in the country. The firm has issued a letter of award to Oslo-listed geoscience firm Polarcus for a 3D marine seismic project…
PTT Exploration & Production International (PTTEPI) has contracted high specification tender barge rig, EDrill-2, for a firm term of 18 months with an option period of 30 months. Zawtika Development Drilling Campaign (Phase 1B + Infield…
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…
Despite the downturn, plenty of development is underway in Southeast Asia. Audrey Raj sets out the detail. Bach Ho oil field in Cuu Long basin. Photo from PetroVietnam. Despite the fall in oil prices…
Offshore assets in the South China Sea are ripe for further development, but territorial challenges are common. Focusing on Vietnam, Jeannie Stell talks to Quynh Anh, partner at Mayer Brown, for an overview of the political conditions, contract…
Norway’s Statoil beat profits forecasts thanks to an increase in production and better refining margins but it further reduced its planned capex as oil prices remain low. The firm, which saw net income fall to US$882 million (7.2 billion NOK) from 9…
Seismic vessels are the lifeblood of global offshore exploration efforts. Jeannie Stell searches for bright spots in the current global market of seismic vessel activity. The Sanco Sword. From Dolphin Geophysical…
Italian exploration and production major Eni is joining Chevron, Woodside, Ophir Energy and India's Reliance Industries, in gearing up for exploration activities offshore Myanmar after signing two production sharing contracts (PSCs). All the companies have been awarded PSCs off the country…
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…
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…
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