Mitsui to get interest offshore Myanmar from PTTEPI
March 19, 2013
Mitsui to get interest offshore Myanmar from PTTEPI.
Offshore staff
BANGKOK, Thailand –PTTEP International Ltd has agreed to divest 20% operating interest in block M-3 offshore Myanmar to Mitsui Oil Exploration Co. Ltd.
M-3 covers 6,206 sq km (2,396 sq mi) in theGulf of Martaban. PTTEPI is the operator and had held 100% of the interests. The transaction is subject to official approval by the Republic of the Union of Myanmar.
Natural gas was discovered on the acreage by theAung Sinkha-2 exploration well.
