Acquisitions and Divestitures News in Myanmar

TotalEnergies Has Definitively Withdrawn from Myanmar
7/20/2022 - On January 21, 2022, TotalEnergies announced its decision to withdraw from the Yadana field and from gas transportation company MGTC in Myanmar, both as shareholder and as operator. In a context of co...
PETRONAS Withdraws from Yetagun Field Offshore Myanmar
4/29/2022 - PETRONAS’ subsidiaries, PETRONAS Carigali Myanmar Inc (PCMI) and PC Myanmar (Hong Kong) Limited (PCML) announced their withdrawal from Blocks M12, M13 and M14 located in the Yetagun field, offshore My...
Sale of Telenor Myanmar Approved by Myanmar Authorities
3/18/2022 - Telenor Group has been informed that the Myanmar Investment Commission has given final regulatory approval to the sale of Telenor Myanmar to M1 Group. During the regulatory approval process the Myanma...
TotalEnergies Implements Its Responsible Withdrawal from Myanmar
3/16/2022 - TotalEnergies announced its decision to withdraw from the Yadana field and from gas transportation company MGTC in Myanmar, both as operator and as shareholder, because the situation in this country n...
Woodside to Withdraw from Myanmar
1/27/2022 - Woodside has decided to withdraw from its interests in Myanmar. Woodside has operated in Myanmar since 2013, conducting multiple exploration and drilling campaigns. It holds a 40% participating inter...
Changes in Joint Venture Partner of the Yadana Project in Myanmar
1/24/2022 - According to TotalEnergies EP Myanmar’s decision, dated January 21, 2022, to withdraw its investment and operatorship in the Yadana project and Moattama Gas Transportation Company (MGTC), the gas pipe...
TotalEnergies Withdraws from Myanmar
1/21/2022 - Following the coup of 1st February 2021 in Myanmar, TotalEnergies has firmly condemned on several occasions the abuses and human rights violations taking place there. Since then, our Company's decisio...
PTTEP Farms-Out an Interest in Myanmar MD-7 Project to Total
3/8/2017 - PTT Exploration and Production Public Company Limited (PTTEP) has entered into a partnership agreement with Total E&P Myanmar to divest 50% participating interest in the Myanmar MD-7 Project, while PT...
No Plan to Exit Thailand, May Keep Stake In Myanmar Gas Field
8/19/2016 - Chevron is committed to its Thailand investments despite job cuts that have spurred rumours of the U.S. oil major's exit, and may keep a Myanmar gas field stake if no attractive offer is made for the ...
PTTEP Says Keen to Buy Stake in Myanmar Gas Field from Chevron
5/24/2016 - PTT Exploration and Production (PTTEP), Thailand's largest oil and gas explorer, said it was keen to buy a stake in Yadana gas field in Myanmar from Chevron Corp. ...
Tap Oil Signs PSC for Highly Prospective Myanmar Block
8/27/2015 - Tap Oil Limited is pleased to advise it has formalised its entry into Myanmar following the signing of the Production Sharing Contract for the shallow water Block M-7 in the Moattama Basin (PSC). Tap ...
Eni Signs Production Sharing Contracts Offshore Myanmar
Eni Signs Production Sharing Contracts Offshore Myanmar 3/31/2015 - Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, signed two Production Sharing Contracts (PSC) for offshore blocks MD-02 an...
Reliance Signs Production Sharing Contracts for 2 Offshore Blocks
3/31/2015 - Reliance Industries Ltd (RIL) and Myanma Oil & Gas Enterprise (MOGE), an enterprise of the Government of Myanmar, have signed production sharing contracts for two offshore blocks (M17 and M18). ...
Chevron Subsidiary Signs Production Sharing Contract in Myanmar
3/24/2015 - Chevron Corporation through its subsidiary, Unocal Myanmar Offshore Co., Ltd., has entered into a Production Sharing Contract (PSC) with Myanma Oil & Gas Enterprise (MOGE) to explore for oil and gas i...
Woodside Inks 4 PSCs for Blocks Awarded in 2013 Bid Round
3/23/2015 - Woodside Energy Ltd. reported that the company signed production sharing contracts (PSCs) for offshore blocks AD-2, AD-5, A-4 and A-7, awarded to Woodside in the 2013 Myanmar Offshore Bid Round. ...
Woodside Signs Production Sharing Contracts for Myanmar Offshore Acreage
3/20/2015 - Woodside signed production sharing contracts for offshore blocks AD-2, AD-5, A-4 and A-7, awarded to Woodside in the 2013 Myanmar Offshore Bid Round. ...
PTTEP Signs PSC for Block MOGE 3 Onshore Myanmar
8/8/2014 - PTT Exploration and Production Public Company Limited, or PTTEP, wishes to announce that, on 8 August 2014, the consortium consisting of PTTEP South Asia Limited (PTTEP SA), a subsidiary of PTTEP, Pal...
Eni Signs PSCs for the Exploration of Two Onshore Blocks
7/31/2014 - Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, signed in Nay Pyi Taw in presence of the Country’s Energy Ministry, two Pr...
Mercator with Oil India & Oilmax Energy Selected as Candidate for 2 Oil Blocks in Myanmar
4/1/2014 - Mercator Petroleum Ltd,. Subsidiary of Mercator Limited, in consortium with Oil India Ltd., and Oilmax Energy Pvt. Ltd., has been chosen as the selected candidate by the Ministry of Energy of the Repu...
Roc Oil Awarded PSC for Block M07 Offshore Myanmar
3/27/2014 - Roc Oil Company Limited has been notified by the Myanmar Ministry of Energy (MOE) of the successful award of a Production Sharing Contract (PSC) for shallow water Block M07 in the Moattama basin, offs...

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