Chevron signs PSC for Rakhine offshore block

Chevron signs PSC for Rakhine offshore block

Chevron brand logo, (from MBT)

American oil giant Chevron Corp announced that its subsidiary, Unocal Myanmar Offshore Co Ltd, has entered into a Production Sharing Contract (PSC) with state-run Myanma Oil & Gas Enterprise (MOGE) to explore for oil and gas in the Rakhine Basin.

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