Myanmar: Tap Oil signs Production Sharing Contract for highly prospective Myanmar Block

Otmane El Rhazi from Energy-pedia regional news: Central & SE Asia / Australasia.

Tap Oil has formalised its entry into Myanmar following the signing of the Production Sharing Contract (PSC) for the shallow water Block M-7 in the Moattama Basin. Tap holds a 95% participating interest in the M-7 Block and has assumed operatorship.