scholarly journals China–Myanmar Energy Cooperation and Its Regional Implications

2011 ◽  
Vol 30 (4) ◽  
pp. 89-109 ◽  
Author(s):  
Zhao Hong

Although Myanmar is among the world's oldest oil-producing countries, Chinese oil and gas companies did not start their oil and gas exploration projects there until recently. The most recent and significant China–Myanmar energy cooperation project is the oil and gas pipelines which got started in 2009. This paper will discuss the reasons and driving forces for this pipeline project and its broader objectives, and testify whether pipelines can deepen regional economic integration and strengthen bilateral relations. This paper concludes by saying that China might use the China-Myanmar pipeline construction as an opportunity to play a more constructive role in Myanmar's domestic reforms, thus improving its image in Southeast Asia and strengthening its relations with Myanmar.

Subject African oil and gas exploration. Significance Stakeholders in the African oil industry met in Cape Town in early November, for the annual Africa Oil Week conference, amid speculation of new prospects in South Africa and Namibia. While several countries in West and Central Africa are offering acreage in licensing rounds, oil and gas companies are focused on upcoming wells in Southern Africa, which will dictate decisions on companies’ future exploration focus. Impacts Exploration success for Southern Africa’s most watched wells could bring an investment boost to new areas, such as South Africa. Angola and Nigeria will try pushing reforms and new licensing to revive a largely moribund exploration sector to renew reserves and growth. IOCs will need more reassurance before committing to new Nigerian investment after Buhari's failure in 2018 to sign a key industry bill.


2016 ◽  
Vol 56 (2) ◽  
pp. 571
Author(s):  
Stuart Trundle ◽  
Anne Probert

As pressure mounts for oil and gas companies to demonstrate tangible value to the communities in which they operate, there is a growing imperative for groups to actively engage with the industry and its operators. Regions who partner with the industry to identify and implement initiatives that leverage the investment can see very real economic and social gains from hosting oil and gas exploration and production. Venture Taranaki, the regional development agency for New Zealand’s only commercially producing oil and gas region, has been part of such a successful partnership in that area. They have worked extensively in the space between the industry and the community to maximise the benefits to the region. In doing so they have helped position Taranaki as a force in New Zealand’s economy, and it has developed initiatives that demystify and demonstrate the industry’s value to their community stakeholders, extending this momentum across the oil and gas supply chain. Its commercially neutral services have also advanced collaboration among the companies, fostered collective promotion of their capabilities, and assisted with management of demand-supply challenges in relation to project and shutdown planning. In this extended abstract the authors give an insight into their experiences, lessons for other regions, and proposals to further advance the industry-community relationship.


Author(s):  
Gul’nar O. Khalova ◽  
◽  
Phuong Anh Nguyen ◽  

The article shows the history of the energy cooperation develop- ment between oil and gas companies (OGC) of the Russian Federation (RF) and the Socialist Republic of Vietnam (SRV) on the continental shelf of Vietnam in the South China Sea. Despite the richest reserves of natural resources and, in particular, hydrocarbons in the territory of Vietnam, slightly less than half of the potential oil reserves and about a third of the potential natural gas reserves have been explored. The desire of the Vietnamese leadership to develop rela- tions in the oil and gas sector with foreign countries has led to the attraction of foreign oil and gas companies to the search, exploration and development of oil and gas fields on the shelf of the SRV in the South China Sea. Russian oil and gas companies are among the key partners in hydrocarbon production. The article shows the spheres of cooperation between Russian and Vietnamese oil and gas companies, its prospects and risks. The authors note that not only Russian oil and gas companies operate in Vietnam, but Vietnamese oil and gas companies have also gained access to Russian fields in the Russian Federation.


2014 ◽  
Vol 54 (1) ◽  
pp. 431
Author(s):  
Rhodri Johns ◽  
Patrick Despland

Exploration activity in Australia in 2013 occurred across a broad spectrum of conventional and unconventional plays. Competition for acreage was buoyant with large tracts of key onshore basins either licensed or under application. Offshore, there were new awards on the western Australian margin and in the Bight Basin off SA. Offshore 3D seismic acquisition was reduced from anomalously high levels in 2012. Onshore 2D seismic acquisition was at historic highs and onshore 3D was the most ever recorded. Overall drilling levels were maintained despite a decline offshore. Of 13 offshore wells drilled, six were discoveries. Sixty-nine exploration wells (excluding CSG wells) were drilled onshore. Fifty addressed conventional, and 19 were unconventional shale or basin-centered gas targets. Sixty of the 69 wells were drilled in the Cooper/Eromanga Basin where conventional oil and gas exploration yielded 11 oil and six gas discoveries. Drilling and fraccing campaigns in the Nappamerri Trough unconventional gas plays provided early encouraging results. 213 exploration and appraisal CSG wells were drilled in the CSG basins of Queensland and NSW. In Queensland a record total of 1,317 CSG wells were drilled in fiscal year 2012/2013. Shale gas exploration activity was increasingly focused on the Palaeozoic and Proterozoic Basins of Western, Central and Northern Australia with major oil and gas companies involved in joint ventures preparing for drilling in 2014. The results of these programmes will have an important bearing on the future direction of exploration in these plays.


2012 ◽  
Vol 04 (02) ◽  
pp. 21-32 ◽  
Author(s):  
Hong ZHAO ◽  
Mu YANG

With China's increasing investment in Myanmar, a prosperous economic corridor is expected to be formed along China-Myanmar oil and gas pipelines. This economic corridor project is part of Beijing's broader strategy of diversifying its sources of imported energy, as well increasing its economic integration with Myanmar. Although China has long-term strategic energy investment plans in this country, it does not necessarily mean that China has free rein over the outcomes.


1999 ◽  
Vol 39 (1) ◽  
pp. 622
Author(s):  
R.A.D. Wright

Acceptance by governments and the public is crucially important for high profile oil and gas exploration and production companies. Many people are pre-disposed against such companies because the environmental and social impacts of their activities are perceived to outweigh the benefits. Leading multi-nationals such as the Royal Dutch/Shell Group have seen the benefits of a recent concerted effort to engage their stakeholders. Shell and other multi-nationals are using public environmental reporting as a means of better communicating their performance. Public environmental reporting has been slow to be adopted in Australia but there may be advantages for oil and gas companies in Australia to be seen to be leaders in this field rather than laggards, particularly with the advent of compulsory public reporting as required by the National Pollutant Inventory.


2000 ◽  
Vol 8 (4) ◽  
pp. 553-567
Author(s):  
Jochen Legewie ◽  
Hendrik Meyer-Ohle

Multinational corporations from Japan and Western countries have played an active role in the economic development of Southeast Asia and have, during this time, undergone several developments. The recent economic crisis and efforts by the countries of the region to promote economic integration have again forced corporations to reconsider their strategies. Based on an historical overview, this article examines current strategies and, in particular, addresses the driving forces that are underlying the corporate behaviour of companies from different home countries. It argues that while corporate nationality has, to some extent, been important in the past, it will lose significance as multinational corporations are increasingly developing organizational cultures of their own.


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