Offshore Gas Project Awards EPCI Deal in Myanmar

Indonesian platform builder PT Gunanusa Utama Fabricators (PTG) has been awarded a second contract from Thailand’s PTTEP for Zawtika project offshore Myanmar. The initial contract, awarded in September, comprised engineering, procurement, construction and installation (EPCI) of two offshore wellhead platforms, associated pipelines and tie-ins for Phase 1C of the Zawtika Development Project. “The aggregate value […]

Myanmar to export 515b cubic ft of gas this FY

Myanmar is expected to export 515b cubic ft of natural gas this fiscal year while keeping 160.6b cubic ft for local use, according to the second National Development Plan (NDP), reported on Natural Gas Asia.com. The main Myanmar gas projects; Yadana, Yedagun, Zawtika and Shwe are expected to bring in the lot with 206.2b cubic […]

Myanmar offshore exploration continues despite low oil prices

Myanmar authorities announced the latest offshore activities last week through state-run newspapers. International companies have now started surveys at almost half of all blocks awarded in the 2013 bidding round. Meanwhile, production remains steady at Myanmar’s existing offshore gas fields – Yadana, Yetagun, Shwe and Zawtika – officials said. France’s Total E&P Myanmar launched 2D […]

Energy dilemma

Myanmar needs oil and gas revenue to spur its economy and new discoveries to feed its growing energy appetite, but low oil prices could bring cutbacks in exploration. Myanmar is bracing for a rougher ride after a few years of giddy economic expansion as foreign direct investment slows amid falling oil prices and global uncertainty. […]

Myanmar oil and gas: optimism amid oversupplies and low prices

Despite growing calls for amending their production-sharing contracts in light of plunging oil prices, oil and gas companies operating in Myanmar are still optimistic, as gas was recently discovered in Block A-6. Xavier Preel, general manager of Total E&P Myanmar – one of the three operators of the block – said yesterday that it is […]

10 foreign companies win tender for oil, gas exploration in Myanmar

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Ten foreign companies have won tender for oil and gas exploration at 16 onshore blocks in Myanmar out of 18 set for the bidding, a release of the Ministry of Energy said Friday. The tender winners are those […]

Myanmar firms seek foreign cooperation in energy development

Myanmar’s local firms are seeking joint operation with foreign counterparts in oil and gas exploration and production on mutually beneficial basis for the development of the energy sector. A total of 154 local firms have bid with the Ministry of Energy for the move in 18 more inland blocks and 30 more offshore blocks in […]

Ministry of Electric Power: Invitation for Open Proposal for Gas Engine Generator and Combine Cycle Power Plant

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Ministry of Electric Power The Ministry of Electric Power invites all Foreign and Local Investor to submit- Proposal  for Renting of Gas Engines Generator near Kyaukse and Proposal  for Implementation of Combined Cycle Power Plant (CCPP) near Myingyan […]

Myanmar companies seek joint operation with foreign counterparts in oil, gas

Myanmar’s domestic private companies are seeking joint operation with foreign counterparts in oil and gas exploration and production on mutually beneficial basis, local media reported Friday. A total of 154 Myanmar companies have bid with the Ministry of Energy for the move in onshore and offshore areas of the country but restricted to offshore blocks […]

MOGE Begins Long Process to Pick Myanmar’s Oil & Gas Investors

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. Negotiations have finally begun to select foreign investors to explore for oil and gas in the seas off Burma’s coast, but it could be another eight months before any licenses are awarded. The Myanmar Oil & Gas Enterprise […]