India’s ONGC Videsh Signs Deal for Myanmar Onshore Blocks

India’s state-run oil and gas company ONGC Videsh Ltd (OVL) said it has signed Production Sharing Contracts (PSCs) for two blocks in Myanmar. The contracts were signed between OVL, Myanmar Oil & Gas Enterprises Ltd (MOGE), and the Indian firm’s local partners National Oil Company of Myanmar and Machine & Solutions Co Ltd (M&S). ONGC […]

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 […]

Myanmar as Economic Miracle Hinges on Natural Gas Bounty: Energy

Myanmar’s opening to foreign investment has been compared to the fall of the Berlin Wall and the start of an economic growth story to emulate Vietnam. How those views pan out will be largely decided by natural gas. Exxon Mobil Corp. (XOM), Woodside Petroleum Ltd. (WPL) and Oil India Ltd. (OINL) are among 59 global […]