PTTEP subsidiary divests in Myanmar blocks

September 7, 2015 by

After the divestiture, PTTEP SA’s holding in the two onshore blocks will be reduced to 70 per cent, while Moeco and Palang Sophon will each hold 10 per cent in both fields. The balance is taken up by Win Precious Resources. Tevin Vongvanich, president and chief executive of PTTEP, said the divestiture was part of […]

Filed Under: Latest News Tagged With: , , , , , , , , , ,

Despite capacity constraints, oil & gas industry still promising

February 9, 2015 by

Win Khaing, a member of National Energy Management Committee and chairman of United Engineering Co Ltd, said the industry itself brings a lot of opportunities for foreign investors to do business in the newly-opened nation. “Probable and possible uncontracted gas would amount to 4,000 MMCFD over 30 years. It definitely indicates the level of optimism […]

Filed Under: Latest News Tagged With: , , , , , , , , , , , , , , , , , ,

Myanmar Offshore Oil & Gas Tender Winner List

March 28, 2014 by

Subscribe to our tender alert mailing list The Government of The Republic of The Union of Myanmar Ministry of Energy Dated: 26th March, 2014 Selected Candidates and Related Blocks for Myanmar Offshore Blocks Bidding Round-2013 The Ministry of Energy of the Republic of the Union of Myanmar hereby announce that the following companies are chosen […]

Filed Under: Tenders & Awards Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , ,