Tuesday, February 27, 2007

Oil and Gas: Daewoo signs exploration deal with Myanmar

South Korea's Daewoo International Corp. has signed a deal the Myanmar government to explore a gas block off the coast of the country.

Daewoo International, however, has yet to decide the amount of money to invest in the development of the block AD-7 and the period to explore it, the company said in a regulatory filing.

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