First PSCs for offshore coming soon

The first of the long-delayed offshore production sharing contracts could be signed as early as next week, according to government officials. Discussions over the contracts, which are necessary before exploration and production can begin, have been ongoing since March. In March the government awarded 20 international companies preliminary rights to explore and produce at the […]

Yangon win two new tradeshows

Singapore Exhibition Services (SES) is entering the booming business events market in Myanmar with two new trade shows, Manufacturing Myanmar (MM) and Oil & Gas Myanmar (OGM). The inaugural shows will be held at Myanmar Convention Centre in Yangon from October 2-4 and October 15-17, respectively. With rapid development in Myanmar, MM aims to help […]

Biggest slice yet for onshore local partners

The two latest production sharing contracts for onshore oil and gas includes the biggest share yet for the local partner. Myanmar company Young Investment Group will have a 25 percent stake in onshore blocks C-1 and H, with state-owned Myanma Oil and Gas Enterprise and Young’s Canadian partners Pacific Hunt Energy Corporation controlling the rest. […]

Myanmar Offshore Oil & Gas Tender Winner List

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. The Government of The Republic of The Union of Myanmar Ministry of Energy Dated: 26th March, 2014 Selected Candidates and Related Blocks for Myanmar Offshore Blocks Bidding Round-2013 The Ministry of Energy of the Republic of the Union […]

Offshore block winners announced

The Ministry of Energy today announced the winners of the highly anticipated tender to explore gas and oil in 20 offshore blocks, a list that includes several global firms including Royal Dutch Shell, US-based ConocoPhillips and France’s Total. Myanmar Oil and Gas Enterprise (MOGE) invited tenders for 30 offshore blocks in April, attracting interest from […]

Myanmar Offshore Oil & Gas Environmental Impact Assessment Conference on 11th Mar 2014

With the impending announcement of the winners for the 30 offshore oil & gas blocks, we are pleased to announce that CSA Ocean Science, Inc (USA) will be holding a presentation on: Myanmar Offshore Environmental Impact Assessment. The presentation will be delivered by Dr. David A. Gettleson (Director/Senior Scientist, CSA Ocean Sciences, U.S.A), and will include the representative […]

Over 140 joint ventures in Myanmar’s growing oil and gas sector

The number of joint ventures between local and international energy companies now exceeds 140 say officials from the Ministry of Energy. According to Myanmar’s most recent foreign investment law, foreign companies are generally required to make joint ventures with local companies in order to invest in the oil and gas sector. On June 12, a […]

Video: Myanmar Investment Opportunities – What you need to know

Learn about the investment opportunities that are revealed by the new legal framework in Myanmar This is the 1st in a 2-part video series on Investing in Myanmar. This video outlines the business opportunities for foreign investors in the Reserved Sector and the Restricted Industry. Discuss about the size of investment required to be successful […]

Foreign investors can own 100% of Offshore Deep Water Oil & Gas Blocks

On 10th April 2013 the Myanmar Ministry of Energy issued an announcement launching the long-awaited auction of 30 offshore blocks of oil and gas exploration on production sharing basis. For the 11 shallow water blocks – foreign investors must partner with local Burmese companies. For the 19 deep water blocks where locals do not have […]