myanmar | Egypt Oil & Gas

PTTEP, Chevron Acquire Shell’s Stake in Myanmar

PTTEP International, a subsidiary of the Thai national energy company PTT, confirmed its decision to take over the operatorship of Yadana and MGTVC in addition to TotalEnergies’ share in Yadana. This decision wa...

TotalEnergies Exits from Myanmar

TotalEnergies announced that it will halt all its ongoing projects in Myanmar due to developments in the country that took place following the February 2021 coup. The company has declared that it condemns the human ri...

PETRONAS Announces Force Majeure at Yetagun Field in Myanmar

PC Myanmar Limited (PCML), a subsidiary of Malaysian national oil company PETRONAS, has announced Force Majeure on its Yetagun field in the Andaman Sea, offshore Myanmar, on April 1, 2021 due to depletion of gas produ...

India Mulls Resuscitating Myanmar-Bangladesh-India Gas Pipeline

As part of India’s ambitious plan to transform the northeastern part of the country into a hydrocarbon hub within the next 15 years, the center is currently exploring reviving the shelved Myanmar-Bangladesh-India gas ...

Chevron to Sell All Gas Stakes in Myanmar

US oil and gas major Chevron put all of its Myanmar gas block stakes up for sale, which at a combined likely valuation of $1.3, would be the biggest deal involving Myanmar assets to date, financial sources familiar wi...

Myanmar Offshore Blocks Awarded to Shell, Mitsui

Mitsui Oil Exploration Co. Ltd. has succeeded in a joint bid in the Myanmar Offshore Bidding Round 2013 for three deepwater blocks located offshore Myanmar, namely blocks AD-9, AD-11, and MD-5. MOECO will assume a 10%...

Myanmar Opens Deep Sea Port

Myanmar has officially opened a deep sea port off its western coast, part of a $2.45 billion port and pipeline project that will carry crude oil from the Middle East to China. The port and 770-kilometer (480-mile) pip...

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