Page 113: of Offshore Engineer Magazine (Sep/Oct 2013)

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Shwe development chronology

South Korea’s Daewoo International Corp. signs production- sharing contract with Myanmar Oil & Gas Enterprise

August 2001 (MOGE) to explore, produce, and sell offshore natural gas.

Daewoo-led Myanmar A group spuds Shwe-1 well in offshore

January 2004

Block A-1.

Daewoo acquires adjacent offshore Block A-3.

February 2004

Daewoo completes 12-well drilling program on Block

A-1; hires UK-based Gaffney Cline & Associates to certify

September 2006 reserves (4.8 tcf most likely, 8.6 tcf max. recoverable).

Continues to drill exploratory wells at A-3.

Myanmar junta agrees on preliminary deal with China

National Petroleum Corp. (CNPC) for trans-border crude oil

October 2006 pipeline.

Myanmar reaches agreement with India and Bangladesh for Shwe natural gas pipeline, then delays until offshore

January 2007 reserves in Block A-3 are certifed.

CNPC signs MoU with Shwe consortium to purchase and

June 2008 transport natural gas from Blocks A-1 and A-3.

Myanmar and CNPC sign formal agreement on crude oil

March 2009 pipeline construction.

Daewoo buys out consortium partners in licenses for offshore Block AD-7 along Myanmar-Bangladesh maritime 3 April 2009 border, adjacent to A-1.

Myanmar and CNPC sign an additional MoU over joint development, operation, and management of crude oil

June 2009 pipeline.

Oil pipeline inauguration; CNPC begins building wharf for oil import terminal at Ma Day Island, east of Ramree Island, 31 October 2009

Kyauk Phyu township, Arakan state, Myanmar.

Daewoo sets US$1.4 billion, turnkey EPCIC contract with

Hyundai Heavy Industries to build Shwe offshore natural

November 2009 gas platform, subsea production system, subsea pipelines, onshore gas terminal, a jetty and a supply base.

Daewoo fnalizes contract with HHI.

February 2010

CNPC announced two joint-venture companies cre- ated—Southeast Asia Gas Pipeline Co. Ltd. (SEAGP) and 3 June 2010

Southeast Asia Crude Oil Pipeline Ltd. (SEAOP)—and began pipeline construction.

Onshore gas pipeline route preparation begins

Mid-2010 (June – Myanmar; Sept – Yunnan Province, China).

First pipes welded.

August 2011

Daewoo drills four wells at Mya North natural gas feld.


Dockwise Engineering Services installed the 22,000-ton

Shwe jacket in 110m water depth, using the world’s second-

March 2012 largest installation launch barge, the HYSY229.

Shwe topsides leave HHI dock, South Korea – largest off- 15 November 2012 shore facility made by HHI.

Dockwise installs 30,000-ton Shwe production platform topsides, in foatover, using HYSY229 barge, setting a new 8 December 2012 company record.

Shwe natural gas pipeline tested.

30 May 2013

Gas pipeline commissioned at Namkham metering station; 28 July 2013 frst gas shipped.

Daewoo estimates it will fnish drilling production wells at

Yearend 2014

Shwe complex. September 2013 | OE 115 000_OE0913_pipelines3_Shwe.indd 115 8/17/13 5:52 PM

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