Myanma Oil and Gas Enterprise ( my, မြန်မာ့ရေနံနှင့် သဘာဝဓါတ်ငွေ့လုပ်ငန်း; abbreviated MOGE) is a national oil and gas company of

Myanmar Myanmar, ; UK pronunciations: US pronunciations incl. . Note: Wikipedia's IPA conventions require indicating /r/ even in British English although only some British English speakers pronounce r at the end of syllables. As John C. Wells, Joh ...

. It was established in 1963. MOGE royalties and fees are estimated to generate $1.5 billion USD in annual revenues, about half of the country's foreign currency reserves.

History

Myanma Oil and Gas Enterprise was established in 1963 after nationalisation of the Burmese petroleum industry. The nationalised assets of

Burmah Oil Company The Burmah Oil Company was a leading British oil company which was once a constituent of the FTSE 100 Index. In 1966, Castrol was acquired by Burmah, which was renamed "Burmah-Castrol". BP Amoco (now BP) purchased the company in 2000. History ...

were amalgamated to MOGE . Myanma discovered the Mann oil field in 1970. Peak production in 1979 was 23,000 barrels of oil per day, about three-quarters of Myanmar's total production. The company is a sole operator of oil and gas exploration and production, as well as domestic gas transmission through a onshore pipeline grid. MOGE is a partner in the Yadana natural gas pipeline project, operated by

Total S.A. TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and ...

, a

French French (french: français(e), link=no) may refer to: * Something of, from, or related to France ** French language, which originated in France, and its various dialects and accents ** French people, a nation and ethnic group identified with Franc ...

energy group. Other partners in the project include;

Chevron Corporation Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in S ...

, a

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

-based company; PTT, a

Thai Thai or THAI may refer to: * Of or from Thailand, a country in Southeast Asia ** Thai people, the dominant ethnic group of Thailand ** Thai language, a Tai-Kadai language spoken mainly in and around Thailand *** Thai script *** Thai (Unicode block ...

state-owned oil and gas company. The stakeholders and their respective stakes in the project are: # Total S.A.: 31.2% # Chevron Corporation: 28.3% # PTT Public Company Limited: 25.5% # Myanma Oil and Gas Enterprise: 15% MOGE is also working in Partnership with

Woodside Energy Woodside Energy Group Ltd (formerly Woodside Petroleum Ltd) is an Australian petroleum exploration and production company. Woodside is the operator of oil and gas production in Australia and also Australia's largest independent dedicated oil an ...

and

Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...

n Energy Company on further development around the

Shwe Platform Shwe may refer to: * Shwe language, a variety of the Palaung language * Shwe, a subgroup of the Palaung people * Shwe (Cyrillic), a Cyrillic letter * Than Shwe Than Shwe ( my, သန်းရွှေ, ; born 2 February 1933 or 3 May 1935) is a ...

References

External links

Myanma Oil and Gas Enterprise
(Ministry of Energy website) Oil and gas companies of Myanmar National oil and gas companies Burmah-Castrol Energy companies established in 1963 Non-renewable resource companies established in 1963 1963 establishments in Burma Government-owned companies of Myanmar {{Myanmar-stub

History

See also

References

External links