Mirach Energy teams up with Chinese company to develop Cambodia block

Singapore: Singapore-listed Mirach Energy has announced that its associated company, CPHL Cambodia, has signed a project cooperation agreement for Cambodia Offshore Block D with two subsidiaries of Shenzhen-listed Landocean Energy Services Company.

The two subsidiaries are PST Service Corporation (PST) and Chengdu Western Union Petro Engineering Technology (UP).

The integrated technical services by PST and UP will include work like comprehensive block evaluation, well location optimization program, evaluation of exploratory wells, drilling engineering design, and materials acquisition.

CPHL Cambodia will facilitate the service providers in the areas of legal and governmental communication including getting all the approvals from the local authorities for the entire exploration drilling operations.

Mirach Energy is the operator of the block with 30 years production rights and has been negotiating with the Cambodian General Department of Petroleum since 2013 on the exploration drilling plans and the exploratory period dateline.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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