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Interra Resources JV completes development well in Myanmar

PETROLEUM exploration and production firm Interra Resources said on Tuesday that its joint-venture entity, Goldpetrol Joint Operating Company, has completed development well CHK 1220 in the Chauk oil field in Myanmar as an oil producer. Interra has a 60 per cent interest in the Improved Petroleum Recovery Contract of the Chauk field and also owns […]

Invitation for Open Tender, Ministry of Electricity and Energy, Closing Date: 28-2-2020

THE REPUBLIC OF THE UNION OF MYANMAR MINISTRY OF ELECTRICTY AND ENERGY MYANMA OIL AND GAS ENTERPRISE (INVITATION FOR OPEN TENDER) (32/2019-2020) 1. Open tenders are invited for supply of the following respective items in Myanmar Kyats. Sr No. Tender No. Description Remarks    (a) DMP/L-194(19-20) Geophone Element / FDU Sercel(428) / 4 ½” TRI […]

Invitation for Open Tender- Myanmar Oil and Gas Enterprise , Deadline: 20th February 2020

The Republic of the Union of Myanmar Ministry of Electricity and Energy Myanmar Oil and Gas Enterprise ( Invitation for Open Tender ) (31/2019) 1. Open tenders are invited for supply of the following respective items in Myanmar Kyats. Sr No. Tender No. Description Remarks (a) DMP/L-192(19-20) Electrical Accessories for Oil and Gas Field (1) […]

Decommissioning Challenges Escalating in South East Asia

For many decades now, South East Asia has been an important oil and gas producer, accounting for five percent of current global oil production. But now, age has caught up with oil and gas infrastructure in Myanmar, Thailand, Vietnam, Brunei, Malaysia and Indonesia. In February 2018 the Jakarta Post estimated that over the next decade, […]

Next bidding round for Oil & Gas blocks expected in January, retired official Says

Myanmar is expected to call the next bidding round in January 2020 after passing the draft oil and gas law, said a retired senior official. Having planned to start the process in the first half of 2019, the government has delayed the international bidding round in order to get the new bill in place. “We […]

New prospects in Myanmar’s oil and gas blocks

Next month, 15 offshore blocks and 18 onshore blocks will be put up for tender. It is Myanmar’s second international bidding and local and foreign oil firms are interested in participating. But how much oil and gas is present? Are more discoveries possible? Which blocks have potential? Industry watchers may wish to know. Among the […]

Invitation for Open Tender, Ministry of Electricity and Energy, Myanma oil and Gas Enterprise (Deadline: 29.04.2019)

Open tenders are invited for supply of the following respective items in Myanmar Kyats Sr No. Tender No. Description Remarks (a) DMP/L-193(18-19) Spares for BJ Cementing Unit (55) Items Ks (b) DMP/L-194(18-19) Spares for Drilling String (1) Lot Ks (c) DMP/L-195(18-19) Spares for Well Head (1) Lot Ks (d) DMP/L-196(18-19) Spares for BOP Stack (3) […]

Invitation for Open Tender, Ministry of Electricity and Energy, Closing date 22nd April, 2019

The Republic of the Union of Myanmar Ministry of Electricity and Energy Myanma Oil and Gas Enterprise Ph No. +95 67 – 411206 Open tenders are invited for supply of the following respective items in Myanmar Kyats.   Sr No. Tender No. Description Remarks (a) DMP/L-189 (18-19) Spares for HT 400 Pumps (2) Groups Ks […]

Frontier Markets Investment Portfolio: A Mining Site in Northern Myanmar

Asia Frontier Capital’s Regional Investment Analyst Scott Osheroff recently traveled to northern Myanmar to visit the mine site of one of its portfolio companies. Myanmar – Liberalization begins to unfold The National League for Democracy (NLD) seems to have potentially finally come to the realization that the economy is suffering and therefore that their party […]

Natural gas from Offshore A-6 plot to be produced in 4 years

Natural gas from Offshore A-6 block will be produced in 4 years time while other offshore blocks will be opened for international tender with the government current adjusting profit sharing rates, according to Union Minister for Investment and Foreign Economic Relations, Thaung Tun. “We have found natural gas in offshore 6. But, it is a […]