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Reform of extractive state businesses delayed

The reform of Myanmar’s opaque and powerful state-owned enterprises (SOE) has been delayed for over a year due to sensitivity surrounding the industries. A public debate in Mandalay to reform Myanmar’s state-owned enterprises engaged in the extractive sectors was held under the work programme of Myanmar Extraction Industries Transparency Initiative (EITI), according to Department of […]

Prospects for oil and gas in 2019

A new draft of the petroleum law has been tabled. After the bill is amended, Hluttaw will enact in. However, before in comes into force, it can be amended if the people provide suggestions. Will the new law be effective in the case of the oil block tenders that will be called soon and for […]

Weststar unable to start operations despite winning tender process

Weststar Aviation Service, which won a tender for providing helicopter services to offshore oilfields in Myanmar in April last year, is experiencing losses as it has yet to receive approval from the Ministry of Electricity and Energy (MOEE) to start operations, which were meant to have commenced on March 21, said Daw May Thant Zin, […]

Domestic natural gas to be made available by 2023: MOEE

Larger volumes of natural gas will be available from Myanmar’s onshore and offshore gas fields within the next five years, yielding fresh opportunities for international oil and gas firms to invest in the sector, said U Win Khaing, Union Minister for Electricity and Energy (MOEE). “Gas production will be a priority for the government over […]

MPRL E&P starts drilling for Pyi Thit well-1

According to MPRL E&P, Pyi Thit Well 1 in offshore Block A-6 was spudded to appraise gas reserves and prospects. The British Virgin Island-registered MPRL E&P signed a production sharing contract (PSC) with Myanma Oil and Gas Enterprise (MOGE) in January 2007 for oil and gas exploration in Block A-6. The company has been drilling […]

Myanmar Government Seeking Business Co-operation in Liquid Natural Gas – Expression of Interest. Closing Date 28 Oct 2016

Subscribe to our tender alert mailing list THE GOVERNMENT OF THE REPUBLIC OF THE UNION OF MYANMAR MINISTRY OF ELECTRICITY AND ENERGY LNG BUSINESS SECTOR IMPLEMENTATION AND DEVELOPMENT CENTRAL COMMITTEE   Date: 6 September, 2016   INVITATION FOR LETTER OF EXPRESSION OF INTEREST TO CONDUCT LIQUEFIED NATURAL GAS (LNG) BUSINESS IN MYANMAR   LNG Business […]

PTTEP sells interest in another Myanmar onshore block

A subsidiary of Thailand’s state owned PTT Exploration and Production (PTTEP) has sold a 10 percent holding in another Myanmar onshore block, as international oil prices touch as near-seven-year low, the company said yesterday. PTTEP South Asia sold its 10pc interest in onshore block MOGE-3 to Japanese Mitsui Oil Exploration (MOECO), the same company that […]

MOGE Cracks Down on Fake Fuel Ration Books as CNG Shortage Continues

Myanma Oil and Gas enterprise (MOGE) has announced that it will soon start computer verification of CNG Permit booklets due to a surge in usage of fake fuel ration books. MOGE has sole control over distributorship of CNG (compressed natural gas) in the country and vehicle owners need to obtain a booklet from MOGE that […]

Tap Oil Signs PSC for Block M-7, Brings Myanmar 2013 Bid Round to a Close

Australia’s Tap Oil Limited signed Wednesday a Production Sharing Contract (PSC) for the shallow water Block M-7 in the Moattama Basin, Myanmar, formally bringing to a close the 20 blocks awarded by the Ministry of Energy under the 2013 Myanmar Bid Round. Tap Oil owns a 95 percent operating interest in Block M-7 through its […]

MOGE to invite offshore supply base bids

Myanma Oil and Gas Enterprise (MOGE) will invite local and foreign companies to submit proposals for the development of a new offshore supply base, according to an official. “There will be no tender for the supply base project as we have already discussed it with private companies. We will ask them to submit proposals in […]