He also revealed that at least five companies which have been
awarded oil blocks have not moved to site.
Not exact matches
As at the time, the company, which was barely a year old and had no history of producing a droplet of
oil, was
awarded controlling stakes in two lucrative
oil blocks — OML 30 and 34 — for just over $ 50 million each.
Global Witness wrote to the 47 companies which have been
awarded oil and gas
blocks in Myanmar in the last year inviting them to answer a series of questions about their ownership.
Myanmar announced the
award of 16 onshore
oil and gas
blocks in October 2013, and a further 20 offshore
blocks (10 shallow water and 10 deep water), in March 2014.
The majority of companies recently
awarded oil and gas
blocks in Myanmar have failed to answer questions over who really owns them, said Global Witness as it released its survey of
oil and gas company ownership in the country.
Since October 2013, Myanmar's Ministry of Energy has
awarded 36
oil and gas
blocks to 46 international companies and private local companies.
Etete had
awarded himself the
block while in office under the former military dictator Sani Abacha, via Malabu
Oil and Gas, a company he secretly owned.
Having been
awarded two
oil exploration
blocks by the DRC's government in 2006, which were subsequently transferred to two companies registered in the BVI, Tullow brought both legal proceedings and a case before Paris» International Court of Arbitration.the DRC really would be one of the last places you want to get embroiled in a legal dispute
Successfully represented multiple international
oil companies in their participation in the different rounds to
award oil and gas
blocks in Mexico.