15 companies short-listed for Yangon Central Railway Station development tender announced

Myanma Railways has shortlisted 15 firms and joint ventures, including a number of well-known local companies, that responded to an EOI to redevelop Yangon Central Railway Station and the surrounding area in downtown Yangon. This is the railway ministry’s second attempt to tender the project, after an initial tender called in 2014 was cancelled last […]

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 […]

Woodside set to sign for 25% Leviathan stake as Myanmar approves exploration acreage

Woodside Petroleum’s offshore expansion has taken a large step forward with the group expected to sign final agreements overnight Thursday to take up a quarter stake in Israel’s giant Leviathan project, just as it was awarded additional exploration acreage in Myanmar. Woodside is finalising the purchase of a 25 per cent stake in the Leviathan […]

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 […]

Myanmar Onshore tender winners announced

Subscribe to our Tender Alert. We send out email alert of Tender and EOI as it happens. The Ministry of Energy announced the winning bidders of a tender for 18 onshore oil and gas blocks at a press event in Nay Pyi Taw on October 10. Winners included British Virgin Island-registered MPRL E&P, owned by […]