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