Mirach Energy teams up with Chinese company to develop Cambodia block

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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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