Cambodia ‘Still in Block A talks with Chevron’
The Royal Cambodian government is continuing talks with US major Chevron regarding the delayed Block A offshore project that would be the Asean member nation’s first indigenous hydrocarbon development. In August 2010, eight years after being awarded the block, Chevron issued a declaration of commerciality and the following month applied for a petroleum production permit. … However, more than three years on “discussions of the development work programme and investment proposal” are still ongoing between the government and Block A partners, Cambodia’s representative to the Asean Council on Petroleum (Ascope) said. … Chevron has to date drilled 18 exploration wells on the offshore block and the company’s success in finding both oil and gas has encouraged others to apply for acreage. …
Upstream Online Staff
http://www.upstreamonline.com/live/article1345016.ece
