BG Group Enters New Exploration Basin, Offshore Myanmar

BG Group today announced it has been awarded new exploration acreage offshore Myanmar. BG Group will operate two blocks, A4 and AD2 (45% and 55% equity respectively).

2014.03.27 - BG Group Enters New Exploration Basin, Offshore Myanmar Figure 1

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Barents Sea Oil and Gas Resources

The Barents Sea, supports one of the world’s major fisheries, and is as such, already economically very important. Several major oil firms have expressed interest in exploring deep into Arctic territories, and governments of countries such as the United States, Russia, Canada and Norway have been preparing for this eventuality. RIGZONE published a very interesting article this week regarding Barents Sea exploitation.

2013.01.23 - Barents Sea Oil and Gas Resources Figure 1

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