highlights of operations
For more than 20 years, Chevron, through its subsidiary Unocal Myanmar Offshore Co. Ltd., has worked with partners in Myanmar to spur economic growth and development.
Chevron’s nonoperated investment in Myanmar’s Yadana natural gas project is helping to support energy security in Southeast Asia.
Chevron also has been conducting an exploration study in Block A5, applying our expertise and technology to further develop Myanmar’s emerging energy sector.
Our social investments in Myanmar focus on supporting community development through improving access to health care; initiating funds for communities to invest in renewable energy; strengthening local governance; promoting sustainable livelihoods; and enabling education and training opportunities.
In Myanmar, Chevron does business through its subsidiary Unocal Myanmar Offshore Co. Ltd. Chevron has a 28.3 percent nonoperated working interest in a production-sharing contract (PSC) for the production of natural gas from the Yadana, Badamyar and Sein fields, within Blocks M5 and M6, in the Andaman Sea. Yadana is a key component of Myanmar’s energy security. Net daily natural gas production during 2017 averaged 116 million cubic feet.
The Badamyar Low Compression Platform expansion project in Block M5 was brought on line in May 2017. It is designed to maintain production from the Yadana Field by lowering wellhead pressure.
The company also has a 28.3 percent nonoperated interest in a pipeline company that transports natural gas from the Yadana offshore facilities to the Myanmar-Thailand border for final delivery to power plants in Thailand. The remaining volumes are dedicated to the Myanmar market. Other partners in the gas field and pipeline include Thailand’s state-run PTT Exploration and Production PLC and the government-owned Myanmar Oil and Gas Enterprise (MOGE).
In 2015, Chevron signed a PSC with MOGE to explore for oil and gas in Block A5 in the offshore Rakhine Basin.
Seismic processing and interpretation of data acquired from a 3-D seismic survey undertaken in Block A5 is expected to continue in 2018. In January 2018, Chevron subsidiary Unocal Myanmar Offshore Co. Ltd. entered into an agreement with Ophir Myanmar (Block AD-3) Ltd, Parami Energy Development Co., Ltd and Royal Marine Engineering Co., Ltd to consolidate adjacent offshore blocks A5 and AD3, resulting in Chevron holding a 55 percent interest in both blocks. The agreement is subject to government approvals and other conditions precedent.
In support of offshore exploration activities for Block A5, Chevron has consulted with local communities, contractors and other stakeholders. As part of that engagement, an Initial Environmental Examination was completed and approved. An operational-level grievance mechanism was established and provided Chevron with community feedback, concerns and grievances related to our work. The mechanism was developed based on international best practice and provided a detailed process for submission, investigation and resolution of grievances. The mechanism was available in the Myanmar language and actively shared with the local communities and government and interested stakeholders. All the feedback and grievances received were addressed and closed out in a timely manner.
in the community
For two decades, we have supported the people of Myanmar in developing sustainable solutions for their health, governance and economic vitality. Our social investments in Myanmar span three focus areas – improving access to health care, promoting sustainable livelihoods, and enabling education and training opportunities. We have also supported disaster relief efforts, including after the devastating floods in 2015.
improving access to health care
Chevron supports the Sustainable Health Improvement and Empowerment (SHINE) project in Myanmar. Implemented in a long-term partnership with the nongovernmental organization Pact, the project has reached more than 1.25 million people across 1,476 villages in 13 townships, bringing sustainable health care aid and opportunities for improved livelihood. To date, SHINE has trained more than 10,700 community health volunteers.
In addition, the Village Health Development Fund helps more than 815,000 people through improved health care access and village development programs. More than 15,000 women have engaged in budgeting and empowerment programs that can help participants earn 19 percent interest on savings.
access to energy
A key priority for Myanmar is electrifying the country. Chevron has partnered with Pact on an initiative that aims to improve access to renewable energy for over 200,000 people living in more than 40,000 households in rural Myanmar. As of August 2016, Pact had conducted 1,474 field-level workshops in 288 villages across eight townships. More than half of the 61,000 participants were female. Since January 2016, Pact helped supply solar-powered lights to over 10,000 households. Pact has successfully connected more than 206,000 people to clean energy in rural Myanmar through solar home systems and community locations.
enabling education and training opportunities
Through the American Chamber of Commerce, Chevron is contributing to an annual scholarship fund that provides financial support for students at the University of Yangon. Eligible recipients are undergraduate students from underprivileged backgrounds who have demonstrated outstanding academic achievements and potential.
Since 2014, the fund has granted approximately 60 scholarships to Myanmar university students majoring in a range of subjects, including anthropology, botany, chemistry, computer science, English, history, international relations, law, mathematics and physics.
comprehensive socioeconomic program at yadana
Over the past 20 years, Chevron has contributed to a social investment program with our joint-venture partner Total to support health and social endeavors that have significantly improved the quality of life in communities along the Yadana Pipeline corridor.
Under this program, we provide support for community development and communication, education and vocational training, health improvement, agriculture, veterinary medicine, infrastructure, microfinance initiatives, and renewable energy.
When major disasters have struck Myanmar, Chevron has been there to provide relief. In 2008, Cyclone Nargis struck the country, affecting 2.4 million people in 37 townships. In response, Chevron contributed $2 million to the Red Cross, the International Organization for Migration, the Mercy Corps, Pact and Save the Children.
From June through August 2015, Myanmar experienced one of its worst floods in decades. More than 1.5 million people suffered from widespread flooding across the country. Chevron responded with $150,000 in donations – $75,000 to the American Red Cross for immediate relief efforts and $75,000 to Pact for long-term recovery efforts.
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