SINGAPORE TO IMPORT 2 GW OF LOW-CARBON ELECTRICITY FROM INDONESIA

The Energy Market Authority (EMA) of Singapore is granting Conditional Approvals to five projects to import a total of 2 gigawatt (GW) of low-carbon...
Read More+
Burma today Myanmar, has experienced oil exploration since the first hand-dug wells were drilled in the Central Burma Basin around 900 BC. In 1795, Michael Symes, Irish soldier, diplomat and politician was sent to Burma by the Governor General of India. Visiting Yenangyaung he reported the existence of a well-developed oil industry that has existed probably for centuries, including the export of oil by boat. In 1796 up to 520 wells were registered by the local government. Yenangyaung is located in central Myanmar on the Irrawaddy River, 363 miles from Yangon. The origins of this indigenous industry remain uncertain, with some claiming that it began as early as the 10th century AD. In 1827 British Geologist John Crawford visited the oil field and described hand-dug wells and estimated the annual output at the equivalent of 250,000-300,000 barrels. He also noted up to 200 boats waiting to load oil.
In 1886 the Burmah Oil Company was founded. The company drilled the first cable tool wells in 1889, which resulted in the official discovery of Yenangyaung Oil Field. Burmah Oil Company held a colonial monopoly in the country, until the Standard Oil gained the first lease in 1901.
During World War II, Yenangyaung was the location of a strategically and tactically important oil refinery. As a result of the speed and success of the Japanese advance through Burma during the Burma Campaign and the Battle of Yenangyaung, the retreating Allied forces were forced to blow up the oil fields and refinery to prevent them falling into the hands of the Japanese. The oil facilities were destroyed at 10 pm on 16 April 1942. The Japanese were able to continue using the oilfields, but in the last year of the war as the Allies advanced eastward toward Burma, the oil fields were attacked and badly damaged by Allied bombers.
In 1963 Myanmar Oil and Gas Enterprise (MOGE) was formed taking over all operations. Today Singapore listed Interra Resources and MOGE continue to drill by the Irrawady River. The long saga of oil and gas production in Yenangyaung continues.
(Source: SEG Library/Search and Discovery/Wikipedia – Image: Oil wells in Yenangyaung around 1915)
The Energy Market Authority (EMA) of Singapore is granting Conditional Approvals to five projects to import a total of 2 gigawatt (GW) of low-carbon...
Read More+
Orano and Urenco have announced the signing of a consortium agreement for testing and development of the new 30B-X cylinder designed to transport uranium...
Read More+
KCA Deutag, a leading drilling, engineering and technology partner, has secured a one-year contract extension, with a value of $60 million, for the...
Read More+
In southwestern Singapore long before the making of Jurong Island, the outlying islands of Pulau Ayer Chawan, Pulau Ayer Merbau, Pulau Merlimau and...
Read More+
Deltamarin has signed an agreement with Fujian Mawei Shipbuilding Ltd. for the design and engineering of the new series of Neptune Lines 4200 CEU Pure...
Read More+
Tellurian, a natural gas company based in Houston, and Baker Hughes announced an agreement to supply eight main refrigerant compression packages for...
Read More+
ADNOC Gas, a world-class integrated gas processing company, today announced an agreement, valued between $450 million (AED1.65 billion) and $550 million...
Read More+
A.P. Moller - Maersk (Maersk) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through...
Read More+
SLB and TDA Research Inc., a leading research firm, announced today an exclusive agreement to co-develop and scale up TDA’s emerging sorbent technologies...
Read More+
bp has entered third long-term liquefied natural gas (LNG) offtake contract from Woodfibre’s British Columbia LNG facility. Under the sale agreement,...
Read More+
Wintershall Dea and its partners Petoro and Sval Energi have marked a major milestone for the second phase of the operated Maria field with the safe...
Read More+
SLB has signed a subsurface technology partnership with INEOS Energy, the energy division of INEOS; a global chemical and manufacturing company. INEOS...
Read More+