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Deepwater Myanmar could create long-term growth

Deepwater E&P activity offshore Myanmar might pick up, argues Clarksons Research, which could create opportunities for vessel owners, despite a cabotage market in the country. Clarksons said that recent deepwater gas discoveries offshore Myanmar have bolstered the confidence of oil companies sufficiently for them to start planning deepwater drilling campaigns, in spite of weaker energy […]

Energy ministry cools Pertamina speculation

The Ministry of Energy held a press conference yesterday to quash rumours that Indonesian state-owned oil giant Pertamina had signed a contract to distribute petroleum products in Myanmar Indonesian media reported earlier this week that Pertamina was the likely winner of a tender to import, store and distribute petroleum products in Myanmar, quoting the company’s […]

Pertamina Woos Myanmar Retail Fuel Business

Jakarta. State energy company Pertamina is optimistic to begin selling fuel to retail customers in Myanmar and Cambodia this year, as it seeks to expand business in the Southeast Asia region. Pertamina is bidding to sell oil fuel in Myanmar with Myanmar Petroleum Products Enterprise (MPPE) and expects to receive the bidding result in the next […]