Home to one of the world’s oldest oil and gas industries, oil exploration in Myanmar began in the early Bagan era. During the reign of King Anawrahta in the Bagan Era, evidence shows that the Buddha’s Three Teachings were coated with oil to prevent damage. With the nationalisation of the oil industry in 1963, the […]
GE’s Advanced F-Class Turbine to Power Thaton Combined-Cycle Power Plant
General Electric (NYSE: GE) announced yesterday the order of two high-efficiency 6F.01 gas turbines and associated equipment by China Energy Engineering Group HEPDI (CEEC) that will power a new 119 MW combined-cycle power plant in Thaton, Myanmar. This project was administered by the Electric Power Generation Enterprise (EPGE), a state-owned utility under the Ministry of […]
Onshore production sharing deals set to be inked this month
Production sharing contracts for onshore blocks will be signed this month after a half-year delay, according to Ministry of Energy officials. Winners for 16 onshore blocks were announced in October last year, but negotiations on the production sharing contracts necessary for exploration and production to begin have been slow-going, according to an official from the […]