expat network

Myanmar awards Oil & Gas contracts

Myanmar has awarded contracts to two international oil companies, ┬áStatoil and ConocoPhillips for oil and gas exploration in a deepwater offshore block, the official Kyemon Daily said earlier this week. The newspaper said the two companies’ regional subsidiaries – Singapore-registered Statoil Myanmar Private Ltd and ConocoPhillips Myanmar E&P Pte. Ltd. – agreed to invest $323...