Bibby Clinches Myanmar Offshore Vessel Contract

Bibby Offshore, a Scottish provider of subsea installation and services to the offshore oil and gas industry, announced that its Asian Division, Bibby Offshore Singapore (BOS), has secured a contract with the Moattama Gas Transportation Company (MGTC). MGTC, a joint venture between Total (operator), Unocal, PTTEP and Myanmar Oil and Gas Enterprise, has appointed BOS […]

Myanmar 2014/15 FDI swells to $8.1 bln – govt agency

(Reuters) – Foreign direct investment (FDI) into Myanmar has soared to more than $8 billion this fiscal year, $3 billion more than anticipated, owing to increased activity in the energy, manufacturing and telecoms sectors, a senior official said. The investments reflect growing if cautious foreign interest in one of Asia’s last remaining untapped markets, which […]