After fulfilling the study period work programme, Statoil has decided to relinquish the licence and close its office in Yangon, as it now assesses the potential for commercially viable discovery to be low.

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In March 2014 Statoil was awarded a deep-water exploration block in the Myanmar waters of Bay of Bengal.

After fulfilling the study period work programme, however, Statoil has decided to relinquish the licence and close its office in Yangon, as it now assesses the potential for commercially viable discovery to be low.

Block AD-10 covered more than 9,000 square kilometres, and is located 200 kilometres from the coast in water depths of approximately 2,000 metres. The license was originally awarded to Statoil and ConocoPhillips, each with a 50% equity share and with Statoil as the operator. ConocoPhillips has since exited the licence and Statoil took over its share. 

Statoil was committed to environmental and social impact studies and acquiring new 2D seismic during the first study period of 2 1/2 years. 

Myanmar Block AD-10

An Initial Environmental Evaluation (IEE) for 2D seismic survey in Block AD-10 offshore Myanmar was submitted to the Ministry of Environmental Conservation and Forestry (MOECAF) in December 2015.

Statoil undertook a 2D seismic survey of Block AD-10 in the first half of 2016

IEE (English) PDF 16 MB

2D Seismic Survey in Block AD-10, Offshore Myanmar. Initial Environmental Examination, Executive Summary.

IEE Summary (Burmese) PDF 4 MB

2D Seismic Survey in Block AD-10, Offshore Myanmar. Initial Environmental Examination, Executive Summary.

IEE Summary (English) PDF 5 MB