Woodside signs four PSCs offshore Myanmar

摘要

Sydney-Woodside Petroleum has signed production sharing contracts for four blocks offshore Myanmar which were awarded to the Australian exploration and production company in the 2013 bid round. The Rakhine Basin blocks are designated AD-2, AD-5, A-4 and A-7. Woodside holds operating stakes of 55% and 45% respectively in AD-5 and A-7, located in the south of the basin, with BG Group and Myanmar Petroleum Exploration & Production holding the remaining equity.