Agreements inked for onshore blocks

Myanma Oil and Gas Enterprise (MOGE) signed contracts for four onshore blocks after several months’ delay on July 30, according to a statement from the ministry. The four contracts are the first of the ten production sharing contracts (PSCs) and three improved petroleum recovery contracts that need to be signed before exploration can begin on […]

Myanmar’s oil and gas boom fuels services scramble

YANGON — As economic and political changes brewed in Myanmar four years ago, Yadana Su Hlaing decided it was time to return home after a decade studying and working overseas to help run Smart Technical Services, the Yangon-based oil and gas support services company founded by her father, K.K. Hlaing. Her timing could not have […]

Path clear to conclude historic energy block tender in 2014

The past 12 months could be considered a watershed year for Myanmar’s energy sector, as the oil and gas industry saw unprecedented foreign interest. Myanmar’s proven natural gas reserves, some 7.8 trillion cubic feet, were revealed at the World Economic Forum in Nay Pyi Taw in June, but potentials of 0.42 trillion cubic feet of […]

150 local companies registered to do oil and gas business with foreign firms

Over 150 Myanmar companies, including Shwe Taung, Edin and IGE, Kanbawza, A-1, Tarmoenye Chantha, have been registered in the Ministry of Energy to cooperate with foreign firms that will invest in the oil and natural gas sector, according to the Ministry. The Ministry of Energy offered tenders 18 inland blocks of oil and gas in […]

MOGE Begins Long Process to Pick Myanmar’s Oil & Gas Investors

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Negotiations have finally begun to select foreign investors to explore for oil and gas in the seas off Burma’s coast, but it could be another eight months before any licenses are awarded. The Myanmar Oil & Gas Enterprise […]