Singapore – August 22nd, 2017. Pacific Hunt Energy (the “Company”) is pleased to announce that it has acquired Myanma Oil & Gas Enterprise’s approval to award 2D Land Seismic Survey Contracts for Myanmar PSC Block H and PSC Block C-1…
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There are no immediate plans to hold another bidding round for the oil and gas blocks in Myanmar, a senior official from the Ministry of Electricity and Energy (MOEE) told The Myanmar Times. “No plan has been made for a…
Australian firm Woodside Petroleum believes it has found more gas than previously estimated following two discoveries in Myanmar offshore earlier this year. The company has raised the estimated size of contingent resources in two of its blocks by 83 million…
Pacific Hunt Energy PSC signing ceremony in Nay Pyi Taw on 5th September 2014 (video by Mitv)
The two latest production sharing contracts for onshore oil and gas includes the biggest share yet for the local partner. Myanmar company Young Investment Group will have a 25 percent stake in onshore blocks C-1 and H, with state-owned Myanma…
Oct 11 (Reuters) – Italy’s Eni, India’s ONGC Videsh and Malaysia’s Petronas were among the winners of contracts for 16 onshore energy blocks in Myanmar, an energy ministry official said on Friday. Thirteen of the 16 contracts were production sharing…