Tap seals Myanmar block

摘要

Tap Oil has signed a Production Sharing Contract (PSC) for the shallow water Block M-7 in the Moattama Basin offshore Myanmar. Tap holds a 95% stake in Block M-7 and will be operator. Tap and its local joint venture partner Smart E&P International signed the PSC with state-owned Myanmar Oil and Gas Enterprise (MOGE) on 26 August.