MPEP lands two offshore blocks in partnership with BG and Woodside (Myanmar)

Myanmar Petroleum Exploration & Production Co., Ltd, a member company of the MPRL E&P Group of Companies, has announced the award of contracts for two offshore oil & gas exploration blocks in Myanmar to a consortium consisting of Woodside, BG and MPEP Ltd.

U Moe Myint, Chief Executive Officer of MPRL E&P Group of Companies said: “We are delighted to be partners with major companies such as BG and Woodside, which have selected MPRL E&P for its professionalism and considerable experience in the local petroleum and business environment. We are looking forward to sharing and learning from both companies, their worldwide expertise, in a fair and equitable spirit of cooperation.”

MPEP will participate in the consortium as a local partner for offshore blocks A-4 and A-7, which were won in the framework of the Myanmar Offshore Bidding Round (2013) together with Woodside and BG.

In accordance with the partnership, MPEP will have 10 per cent share in both Blocks A-4 and A-7, while BG and Woodside, will act as operators of these blocks respectively.

Block A-4 is located in water depths ranging from shore to 2,100 m and it is adjacent to the Ramree and Cheduba islands.

Block A-7 is located in water depths ranging from 50 m to approximately 2,400m, and it is adjacent to the south of Block A-6 where MPRL E&P made the first gas discovery in this area of the unexplored geological province of the southern Rakhine coastal region.

“MPEP believes that it will be able to bring extensive technical expertise and experience of its local engineers and geologists, efficiency in handling local logistics and supply its profound sensitivity of local culture and care for the environment, to this partnership,” said the company in a press release.

 

Press Release, March 26, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< Apr 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Navingo Career Event

The Navingo Career Event is Europe’s biggest career event for the maritime…

read more >

Offshore Technology Conference (OTC) 2020 Postponed

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply