Myanmar News

CGG Opens Myanmar Subsurface Imaging Center

Jul 02, 2014

CGG announced its recent inauguration of an open subsurface imaging center in Yangon to service and support anticipated growth in Myanmar’s oil and gas exploration sector. The new center is the first of its kind to be opened in Myanmar by a major international geoscience company…

Barge sinks, 3 dead

Jul 21, 2014

Singapore's Maritime and Port Authority (MPA) has said three people have died after a semisubmersible barge underdoing trials sank 2 nautical miles northeast of Sekupang, Batam, Indonesia, on Friday (18 July). The barge was the POSH MOGAMI…

Swire Oilfield Services announces Southeast Asia expansion

Jun 24, 2014

Swire Oilfield Services, a global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management has announced plans to further invest in Southeast Asia with the development of three new operational…

Myanmar announces offshore winners

Mar 26, 2014

The government of Myanmar (Burma) has  named Chevron, BG Group, Statoil, Woodside Energy, Shell, and ENI, among others, as selected candidates for its 2013 offshore licensing round. The move follows the lifting of Western sanctions in 2012…

Pick of the week - Myanmar, Greenpeace and OAA

Mar 28, 2014

Missed out on the top stories this week? Here are our top three most-viewed stories from the past week:  OAA winners shine - More than 500 industry professionals came together at the sparkling 28th Offshore Achievement Awards ceremony in Aberdeen…

Sea of Trade

Apr 01, 2014

“The South China Sea is not the new Persian Gulf. It should just be thought of as an important part of the supply picture of this region,” Alexander Metelitsa, an economist at the US Energy Information Administration (EIA), told delegates at IP Week in London…

Few bidders offshore Myanmar

Jan 16, 2014

Twenty-one companies have dropped out of the final cycle of bidding in the Myanmar offshore license round. The licensing round offers 30 offshore areas, including 19 deepwater blocks. These blocks are predominantly in the Rakhine Offshore Area (12 blocks)…

Fewer bidders for blocks offshore Myanmar

Nov 25, 2013

Twenty-one companies have dropped out of the final cycle of bidding in the Myanmar offshore license round, Reuters news service reported on Friday. The licensing round offers 30 offshore areas, including 11 shallow water blocks and 19 deepwater blocks…

2014: A year of growth with caution

Jan 07, 2014

With the world economy once again on an upward trajectory, 2014 is likely to see a number of key oil and gas projects rise to the fore. Meanwhile, exploration and production trend towards evermore challenging waters and is anticipated to…

Iranian opportunities beckon

Dec 17, 2013

An agreement to discuss lifting sanctions against Iran offers a glimpse of hope that its oil and gas sector could be reopened to international business. Elaine Maslin reports. Talk of fully or partially lifting sanctions against Iran has raised hopes within the region…

PTTEP launches Zawtika platform

Oct 25, 2013

Thailand's PTT Exploration and Production Public Co. Ltd. (PTTEP) held a sail away ceremony for Zawtika Processing and Living Quarters Platform (ZPQ) on 5 October 2013 in Singapore. After the ceremony, the ZPQ sailed away from SMOE Pte. Ltd…

Drilling and investment in Southeast Asia

Nov 01, 2013

Two countries – Malaysia and Indonesia– hold nearly two-thirds of the region’s reserves, and national oil companies outstrip international oil companies in regional capex. According to the Infield Systems Offshore Asia Oil & Gas Market Report to 2017…

Pipelines off Myanmar carry Shwe gas, imported oil

Sep 01, 2013

The Myanmar-China natural gas pipeline is now delivering hydrocarbons produced from the Bay of Bengal, offshore Myanmar, to China. The soon-to-be complete, parallel oil pipeline will transport Middle East and African oil. The pipeline projects have five investors from four countries: China…

YHM rig for Andaman Sea

Sep 24, 2013

Singapore-based YHM Group has said it has won a contract worth about US$183 million over a three-year period to provide a semi- submersible rig. The rig is to be used by a south east Asia-based national oil company to support oil and gas activities in the Andaman Sea…

Dockwise launches SHP jacket

Aug 13, 2013

Dockwise provides this video, filmed in November 2012, regarding the launch of the SHP jacket, now located at the SHWE field in the Bay of Begal, off Myanmar. The 22,000-ton jacket was launched at a water depth of 110m, using the HYSY229 installation barge.

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