- Statoil (STO) says it and 50-50 partner ConocoPhillips (COP) have been awarded a deepwater exploration block in the Myanmar waters of Bay of Bengal as part of the country's 2013 offshore bid round; STO is the operator.
- Block AD-10 covers more than 9K sq. km, and is "a large and virtually unexplored area in a basin with a proven petroleum system and thick sedimentary deposits."
- BG Group (BRGYY, BRGXF) wins four blocks, two as operator; others winners include Shell (RDS.A, RDS.B), Chevron (CVX), Eni (E) and Total (TOT).
From other sites
at CNBC.com (Jan 15, 2015)
at CNBC.com (Jan 5, 2015)
at CNBC.com (Dec 15, 2014)
at CNBC.com (Dec 11, 2014)
at CNBC.com (Nov 28, 2014)
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