MOSB signs Myanmar port facility MOU

Myanmar Offshore Supply Base (MOSB) and the Mon government signed a memorandum of understanding (MOU) to construct, manage and operate the new port facility in Mawlamyine, Myanmar.

Mawlamyine is located about 300km southeast of Yangon and about 45km from the Gulf of Mottama.

This government-private partnership is a built-operate-transfer (BOT) project between MOSB Ltd. and the Mon State government. It is designed and strategized to ensure that plant, equipment and materials from a supporting network of both national and international suppliers meet the expectations and requirements of offshore production assets or drilling rigs.

The MOSB management will put in place operating and safety processes to ensure that all oilfield logistics and related services are delivered safely, on time and in good condition to each intended floating, production and offloading (FPSO) rig or platform. The ultimate aim is to enhance the business growth and overall economic development in the Union of Myanmar.

Built in stages, the offshore supply base caters to confirmed oil and gas operators brought in by the Myanmar Oil and Gas Enterprise (MOGE).

Sprawling over an area of 193 acres onshore with some 46 acres of river front land, the fully integrated marine supply base is created to serve the national oil and gas industry, which is growing at an incremental pace.

The dedicated port will provide a wide range of services to the operators now actively engaged in the waters off Myanmar. It is targeted to provide a total logistics solution for oil and gas customers including exploration, development and FPSO servicing of facilities in the region.

According to MOSB Ltd. Executive Chairman Leonard Oh, the Offshore Supply Base in Mawlamyine is hailed as the largest project of its kind for the oil and gas industry in the whole of Myanmar during the first quarter of the 21st century.

“The multi-million investment in the Myanmar Offshore Supply Base (MOSB) to serve the drilling and production activities in the Myanmar waters is our responsibility and effort to achieve that goal,” says Naing Myo Set, MOSB vice chairman. “In partnering MOSB their aim to bring a fresh inflow of infrastructural and economic developments to Mawlamyine and the rest of the country is being effectively fast-tracked.”


NB: The best way to find information on this website is to key in your search terms into the Search Box in the top right corner of this web page. E.g. of search terms would be “property research report”, ”condominium law”, "Dagon City", “MOGE”, “yangon stock exchange”,"MECTEL", "hydropower", etc.

To learn about the business opportunities in Myanmar click here

To evaluate the various segments of the market that you could possibly enter base on your competencies you can do a Custom Market Entry Strategy Research. You can see a sample report at page "Actual Sample of Client Report”. Click here to go to page.

Do you know that IE Singapore is giving up to SGD 20,000 support for Singapore company to venture into Myanmar? To learn more click here

If you are interested to be listed in our Service Provider Directory as a supplier of services or products that we can use to match with the needs of our clients in Myanmar please fill up the online form by clicking here