Industry News
-
Héli-Union recognized for safe offshore helicopter operations
Héli-Union received a recognition award from Total E&P Myanmar during its annual QHSE meeting in Yangon, Myanmar.recognition award was granted to Héli-Union in appreciation of no personn...7/28/2018 10:54:00 PM -
Oil and gas responsible for half of Myanmar’s debt
While being the highest generator of revenue for the country, the oil and gas industry is also responsible for accepting half of the loans taken by the country, said Daw Moe Moe Tun, civil society rep...7/28/2018 10:53:00 PM -
Over $231m paid so far for Chinese oil and gas loans
Myanmar loaned over US$1.6 billion from China for three oil and gas projects and has paid back over US$231 million plus interest of over US$418 million, according to a press conference on the report o...7/28/2018 10:53:00 PM -
McDermott, BHGE Land Contract For Gas Field Offshore Myanmar
Posco Daewoo Corp. has awarded the McDermott International, and Baker Hughes, a GE company (BHGE), consortium a contract for phase two of the Shwe gas field development offshore Western Myanmar.The en...7/28/2018 10:52:00 PM -
Verisante Announces Signing of Definitive Agreement for RTO with Myanmar based SIM Co. Ltd,Myanmar"s First Energy Service Company.
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2018) - Verisante Technology, Inc. (TSXV: VRS) (the "Company" or "Verisante"), is pleased to announce it has entered into a D...7/28/2018 10:34:00 PM -
Woodside promises to reduce marine impact from gas production
Australia’s Woodside Petroleum will raise attempts to protect the Myanmar environment even as it mulls the commercial viability of developing gas reserves in Block A6 , which is off the coast of Rakhi...7/28/2018 10:26:00 PM -
Myanmar’s economic future hinges on reforming state-owned enterprises
Over the past two years, the Renaissance Institute and the Natural Resource Governance Institute have worked with the Ministry of Planning and Finance to identify concrete steps that the government ca...7/28/2018 10:26:00 PM -
Myanmar plans offshore tender round
Myanmar will invite tenders for open offshore blocks by the end of the year, according to Daw Khin Htay, director of state-owned Myanmar Oil & Gas Enterprise (MOGE).She told a July 13 press confer...7/28/2018 10:25:00 PM -
MYANMAR GOVT. TO AGGRESSIVELY CLUTCH OIL & GAS PRODUCTION TENDERS
The Ministry of Electricity and Energy of Myanmar has recently announced that it has decided to hold its offshore oil and gas production tenders, that are expected to bring new investments in this sec...7/28/2018 10:25:00 PM -
Offshore Myanmar, Ophir completed (subject to government approval) a cross assignment with Chevron that will give Ophir a 42% interest in blocks AD-03 and A-5.
Offshore Myanmar, Ophir completed (subject to government approval) a cross assignment with Chevron that will give Ophir a 42% interest in blocks AD-03 and A-5.7/28/2018 10:23:00 PM