Myanmar offshore oil and gas blocks


Myanmar - Significant Law and Regulation Relevant to the Offshore Oil and Gas Industry Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Myanmar will auction nine offshore oil and gas blocks for exploration next year, an official from state-owned Myanmar Oil and Gas Enterprise (MOGE) said on Tuesday. On 17 January 2013, MOGE announced a new bidding round for 18 onshore blocks; three IPRs and 15 PSCs. Chevron signed a production sharing contract in its 2. The three test wells Aung Thinkha- 4, 5 Guide to Foreign Investment in Burma’s Oil and Gas Sector: Offshore Blocks Key* Daewoo International Korea Gas Corp. Hence the several well known and world class listed companies are investing in exploring and drilling both inland and offshore. New Delhi: Reliance Industries has exited the last of its overseas oil and gas assets after it relinquished two blocks in Myanmar. Subsea Technology, OSV, FPSO & FLNG Market 7. In 2013 the MoE offered another 48 blocks – 18 onshore and 30 offshore – in separate licensing rounds, with the government adding two conditions to its PSCs. 67 per cent). It is located about 60 kilometres (37 mi) offshore to the nearest landfall in Myanmar. The last round of exploration and production (E&P) tenders were held under the former government in 2014. Myanmar, is a developing country and an important natural gas and petroleum producer in Asia The country has classified 51 onshore blocks and 53 offshore blocks, including 26 deep water blocks, for oil and gas exploration. 012 trillion cubic feet (TCF) out of 89. S. YANGON, Nov 22 (Reuters) - About 20 companies dropped out of the final phase of bidding for oil and gas blocks off Myanmar's coast, a senior energy ministry official said. Around 50 offshore and onshore gas blocks are Australian firm to join hinese company in three offshore blocks in the Rakhine asin near the Shwe offshore area Offshore supply bases receive MI approval After months of discussion, the Myanmar Investment ommission gives the green light to two offshore supply bases Analysis: Gas exports continue to decline to Thailand as fields age It also includes two blocks, PSC O in the Ayeyarwady Delta and MOGE 4 in the Pyay Embayment, which have been pre-awarded, the latter to Nobel Oil. Sri Lanka takes its show on the road YANGON, Myanmar (AP) — Myanmar plans to put over 20 offshore oil and gas exploration blocks up for auction by April as the country pushes to attract foreign investment and expertise to help Myanmar has offered 18 onshore oil and natural gas exploration blocks to foreign energy companies, but many are more interested in the country's offshore developments, Dow Jones reported. The Ministry of Energy (MOE) and Myanmar Oil and Gas Enterprise (MOGE) are NOW looking at the next offering of Nine offshore energy blocks to bidders. in Brackets] Contract Status Notes Daewoo International (operator, 60 percent Report: Myanmar plans offshore tender round. 20-3-2015. It Started With YadanaThe Yadana gas field, located in the Andaman Sea approximately 60 kilometers offshore, was discovered by state-owned Myanma Oil and Gas Enterprise (MOGE) in 1982. Block A5, which spans more than 2. DIRECTOR (PLANNING) MYANMA OIL GAS ENTERPRISE. The Ministry of Energy will put about 25 offshore oil and gas exploration blocks up for auction in April, a Myanmar Oil and Gas Enterprise (MOGE) official announced at the Myanmar Upstre am Summit oil and gas conference on March 4. 0 Completeness Completeness of information on Areas was stated above. “The four blocks cover a total area of nearly 30,000 square kilometres, which is why the seismic surveys will take around six months,” said an official from Myanma Oil and Gas Enterprise Two more companies have issued details of their newly awarded exploration permits offshore Myanmar, following the country’s 2013 offshore bid round. 24% interest. , has entered into a Production Sharing Contract (PSC) with Myanma Oil & Gas Enterprise (MOGE), the national oil and gas company, to explore for oil and gas in the Rakhine Basin. Myanmar’s high-taxing fiscal regime and low global energy prices are clearly having an impact on the sector, with energy companies having relinquished almost half of the offshore blocks awarded in a 2014 bidding round. Myanmar Offshore Opportunities Overview & Outlook 4. Myanmar plans to put over 20 offshore oil and gas exploration blocks up for auction by April as the country pushes to attract foreign investment and expertise to help overcome an energy deficit that’s a legacy of gas export deals made by its former military rulers. 54 trillion cubic meters' estimated reserve of offshore and onshore gas, experts said. In 2018, we  and design (FEED) of blocks A1 and and offshore oil and gas exploration projects. 3 percent nonoperated working interest in a production-sharing contract (PSC) for the production of natural gas from the Yadana, Badamyar and Sein fields, within Blocks M5 and M6, in the Andaman Sea. MYANMAR, Mar 24, 2015 – Chevron Corporation announced today that its subsidiary, Unocal Myanmar Offshore Co. AD-3 Ophir Energy Plc + Parami Energy Development 13. About 20 companies dropped out of the final phase of bidding for oil and gas blocks off Myanmar's coast, a senior energy ministry official said. Our entry into Myanmar was sanctioned via agreements (Petroleum Sharing Contracts) for oil and gas exploitation. Offshore oil and gas LNG player Woodside signed on Friday production sharing contracts (PSCs) for offshore blocks AD-2, AD-5, A-4 and A-7, awarded to the company in the 2013 Myanmar Offshore Bid Round. YANGON, Myanmar - Myanmar plans to put over 20 offshore oil and gas exploration blocks up for auction by April as the country pushes to attract foreign investment and expertise to help overcome an Oil and Gas Sector . 1 Mar 2019 Shwe Yee Htun-2 discovery, offshore Myanmar, completing a major step The US oil major, the country's largest oil and gas producer, supplying more Chevron has also put its Myanmar gas block stakes worth an estimated  4 Dec 2014 After the oil and gas industry was nationalized by the Myanmar government in 1962, there are currently several offshore and onshore blocks  16 Oct 2017 RIL exits Myanmar blocks, gives up last conventional oil & gas asset Rs 40,000 crore on three discoveries in the Eastern offshore KG basin. The existing offshore gas projects are Yadana Project, Yetagon Project, Shwe Project (exporting gas to China) and Zawtika Project. The MoEE is the primary government agency responsible for the oil and gas sector . We are still negotiating,” Chief Financial Officer Vipul Agarwal told Reuters. On 7 January 2013, Myanmar’s Ministry of Energy (Ministry) launched its long awaited bidding round for offshore oil and gas blocks. In the event of commercial discovery, the Myanmar Oil and Gas Enterprise The four blocks are located in the Tanintharyi area offshore southern Myanmar and  26 Mar 2014 Image: Location of blocks on offer in the Myanmar Offshore Block First Read Total's history of oil and gas production in Burma: http://burma. The Director of the Myanma Oil and Gas Enterprise’s (MOGE), confirmed that new tenders will be floating before the year end. Myanmar recently awarded 10 onshore oil and gas blocks. November 19, 2010: Total announces that it has signed an agreement with the national oil company Petronas to acquire a 85% interest in the Block SK317B, offshore Malaysia. km), is located approximately 125 miles (200 km) northwest of Yangon. Since the lifting of sanctions by the US and European Union in 2012, Myanmar has taken active steps to reform its foreign investment laws and has held a number of successful international bid rounds for onshore and offshore oil and gas blocks. In October 2013, an auction of 18 onshore blocks in Myanmar was launched. PETRONAS’ partners in this project are Petroleum Authority of Thailand E & P International (14. Myanmar in Brief in Offshore Blocks Myanmar: The Next Frontier For Offshore Oil to explore and drill for gas and oil. Oil & Gas. In 2014, Global Witness’ first piece of work on this issue revealed how little was known of the real owners of these companies. With three main large offshore oil and gas fields and 19 onshore ones, Myanmar has proven recoverable reserve of 510 billion cubic meters out of 2. • Currently, CFG is the only pure Myanmar offshore investment opportunity The Yadana gas field is an offshore gas field in the Andaman Sea. Search and Discovery Article #30453 (2016)** Posted May 9, 2016 *Adapted from oral presentation given at The Second AAPG/EAGE/MGS Conference Innovation in Geoscience: Unlocking the Complex Geology of Myanmar, Yangon, Geopetrol had previously been involved in Myanmar as a minority partner in an onshore oil field, and Nobel Oil had previously explored onshore blocks. AD-2 BG Exploration and production Myanmar Limited + Woodside Energy Myanmar + Myanmar Petroleum E&P 12. Myanmar. Myanmar About 20 companies dropped out of the final phase of bidding for oil and gas blocks off Myanmar's coast, a senior energy ministry official said. That makes the industry one of the oldest in the world within the scope of petroleum-based products. /PC Myanmar (Hong Ltd Myanmar Petroleum Exploration & Production Company Limited. Westport Deep Sea Port at Dawei Ngayoke Bay, Ayeyarwaddy Region (linked with SuperAxis Project) Oil & Gas Block Map and Offshore Suply Bases in Myanmar Currently, 2 Offshore Supply Bases (OSB) in Myanmar: - Tharkayta OSB in Yangon - Kyauk Phyu OSB NEW OSB(s) Needed! Myanmar has abundance of natural gas resources in the offshore areas. Data on Burma's oil and gas reserves and resource potential is difficult to obtain. Myanmar Oil and Gas Enterprise (MOGE) invited tenders for 30 offshore blocks in April, attracting interest from a total of 75 international oil and gas firms, but after the ministry released a pre-qualified list of 61 companies in July, only 30 produced proposals. The contract allows Shell to Myanmar Energy. The bids are aimed at revitalising Myanmar’s energy sector, which has seen activity slow down in recent years. 1 . off even more offshore gas blocks in2015. Myanmar Table 3 Offshore production areas 20 Table 4 Key changes in investment areas 29 Table 5 Activities with restrictions for foreign investors 31 Table 6 Offshore oil and gas blocks 41 Table 7 Onshore oil and gas blocks 44 Table 8 Installed capacity of coal, gas and diesel power plants 47 Table 9 Installed capacity of 27 large (>10MW) hydropower Offshore oil and gas blocks in Myanmar . 24 Sep 2018 A6 block Shwe Yee Htun-2 discovery, offshore Myanmar, completing a Total's track record of Myanmar's Yadana gas field exploitation is a  28 Feb 2019 Myanma Oil & Gas Enterprise (MOGE), was quoted by the Myanmar The offshore blocks being offered in the 2019 licensing round are A-2,  In February 2015, it signed an exploration contract for deep offshore Block YWB and one of the largest acreage holders in the oil and gas sector in Myanmar. 8 Companies. The outcome of the Myanmar has abundance of natural gas resources especially in the offshore areas. For deepwater blocks, the state's share of production -- represented by state-owned Myanma Oil and Gas Enterprise -- ranges from 60% to 85% for crude oil and 55% to 80% for natural gas, with the cost recovery ceiling set at 70%. Myanmar has named energy giants Chevron, Shell and Total among the winners of a landmark auction of offshore oil and gas exploration rights, pinning hope on its natural resources to drive economic AFTER a long wait, and several delays, Myanmar’s government will soon announce which companies have won the right to explore the bulk of its offshore oil and gas reserves. Myanmar’s energy minister has announced winners for 20 of the 30 offshore blocks that have been available since its auction launch in April 2013. Chevron Corp. Roc Oil will operate a production-sharing contract (PSC) for shallow-water block M07 in theMoattama basin. They have offered us one, but we are keen for both. This will be MC’s first participation in an upstream oil and gas project in Myanmar. Global oil companies such as Shell, Chevron, ConocoPhillips, Total E&P, BG, Woodside Energy and Oil India are among the selected firms. State-owned, Myanma Oil & Gas Enterprise (MOGE) has the exclusive right to carry Blocks offered in the Myanmar Offshore Blocks First Bidding Round 2013. Jubilant Energy plans to invest about to $80 million on an onshore oil and gas block in Myanmar, media reports said Tuesday. Thailand – based PTT Exploration and Production (PTTEP) will commence exploration work in the M9 and M11 offshore blocks in Myanmar’s Gulf of Martaban next year. License Blocks. A Kazakh gas magnate, a furniture maker and two brothers once under international sanctions are part of a colourful cast flocking largely unnoticed to Myanmar’s emerging oil frontier. The project has been developed in partnership with local communities and western oil companies with the objective of involving local communities and protecting the environment. Oil reserves in 2013 numbered at 50 million barrels, with a production capacity of 21,000 bbl/d. In March this year, the Ministry of Energy (MOE) announced the selected operators for 10 deep-water and 10 shallow-water offshore oil and gas blocks. Myanmar has abundance of natural gas resources especially in the offshore areas. At the near-shore shallow water blocks, deposits where oil and gas may be hidden are seen and the evidence of this is strong. It tested commercially viable natural gas in a sand bar 40 meter thick. The MPRL E & P Pte Ltd. The state-owned Myanmar Oil Gas Enterprise (MOGE) took about a year to finally award IOCs 20 offshore blocks, mostly in Rakhine basin off the Arakan coast south of Teknaf (Bangladesh) area. Congo (Brazzaville) License Blocks. Drilling&Well Management, New Chemicals, Flow Assurance & HSE Explorating MYANMAR's Offshore E&P Opportunities "Offshore blocks tend to be seen as offering more potential and thus generate more interest from foreign firms," Daw Wah Wah Thaung, executive planning officer at state-owned Myanma Oil & Gas Enterprise, or MOGE, told the second annual Southeast Asia Offshore Summit Myanmar. The block is highlighted in yellow on the map. Source: PetroView®, Deloitte. The ministry will invite international tenders for up to 31 oil and gas exploration fields in early next YANGON, Myanmar (AP) — Myanmar plans to put over 20 offshore oil and gas exploration blocks up for auction by April as the country pushes to attract foreign investment and expertise to help overcome an energy deficit that's a legacy of gas export deals made by its former military rulers. 54 tcm' estimated reserve of offshore and onshore gas, experts said. Myanmar’s contracts with Statoil and ConocoPhillips are only the latest demonstrating the once-secretive Myanmar’s Offshore Oil and Gas Exploration Blocks Auction 3. From these fields, a further two new potential blocks have been discovered, according to state-owned Myanma Oil and Gas Enterprise. Myanmar has abundance of natural gas resources in the offshore areas. Myanmar's offshore gas fields beckon energy majors more than $1 billion a year in Myanmar oil and gas fields for the foreseeable future. List of Best Oil & Gas Companies in Myanmar with Addresses, Phone numbers, Reviews, Photos and More on Myanmar Business Directory. and together encompass total area of 27,600 sq kms. (MOECO) signed an exploration and production sharing contract with state-owned firm Myanma Oil and Gas Enterprise (MOGE) in Naypyidaw on Thursday for three offshore deep-water blocks. The offshore offering, however, has already been postponed twice to an indefinite date in 2013 and the latest news is that MOGE is preparing for the release of offshore blocks without committing to Reliance Industries signs PSC with Myanmar Oil & Gas Enterprise for two offshore blocks The blocks are located offshore in the Tanintharyi basin of Myanmar in water depths up to 3000 ft. Many of of the Thai-Burma Yadana and Yetagun gas pipelines during. Whether he is working on an offshore oil rig in the . The offshore offering, however, has already been postponed twice to an indefinite date in 2013 and the latest news is that MOGE is preparing for the release of offshore blocks without committing to The history of oil and gas exploration in western offshore of Myanmar was very interesting amid many challenges. government last week cleared companies to invest in Myanmar, including in oil petronas awarded four exploration blocks in myanmar PETRONAS, Malaysia’s national oil corporation, has been awarded four Production Sharing Contracts (PSCs) for Blocks M-15, M-16, M-17 and M-18 offshore Myanmar by the government of the Union of Myanmar. This could delay the development of oil and gas infrastructure or even disrupt supplies. (Click to enlarge) About 10 of Myanmar’s 18 onshore and 25 offshore blocks will be up for bidding in the near future, the country’s energy minister said on Monday, August 27. Myanmar awards 20 oil exploration blocks Chevron, Woodside Energy and Shell have won bids for offshore oil and gas exploration blocks off Myanmar's western and southern coasts, the country's THIS article is about the prospect of finding gas fields in the Bay of Bengal, and is based on the recent data gathered through exploration by India and Myanmar in the Bay. According to the study on Myanmar’s offshore sector, thick sediment can be found, north and east of the coast of Rakhine. , Ltd. The Yenangyaung oil field continues to be in operation. Oil & Gas Companies in Myanmar. Image: Hardy Oil and Gas The last piece of the Bay of Bengal pie goes to Myanmar, whose oil industry dates back to the 19th Century when the Burma Oil Company started producing oil from the Yenangyaung Field in 1887. 15 Sep 2014 Although Myanmar has great potential for business investment, so far it for 10 deep-water and 10 shallow-water offshore oil and gas blocks. During the round the government awarded 20 offshore blocks to international companies, including BG Group, Statoil, Eni, Shell, Total, ConocoPhillips, BG Group, and Woodside Energy. “We had bid for two blocks. However, local industry experts don’t expect the process to From October 2013 to March 2014, Myanmar awarded 36 major oil and gas blocks to a mix of eastern and western companies, mostly working with local partners. Offshore areas are divided into 51 blocks and 18 are in operation. Myanmar announces offshore oil & gas bidding round data prepared by the state-owned Myanma Oil and Gas be permitted to submit proposals for up to any three offshore blocks (shallow water Image: Location of blocks on offer in the Myanmar Offshore Block First Bidding Round - 2013 (red shading). / MOECO Oil& Gas Asia Pte. The report of Commerce Myanmar may About Myanmar Offshore Summit more>> With nearly 40 years of operation and development, Myanmar is ranked 3rd largest oil producer in Southeast Asia and 31st in the world in terms of crude oil and gas output. In total, 61 companies prequalified, including Supermajors Shell, Exxon NEW DELHI: Reliance Industries on Wednesday won two offshore exploration blocks in Myanmar, a development company sources said indicated a renewed overseas focus as its domestic exploration Myanmar Oil and Gas Strategic Analysis and Outlook to 2025- Forecasts of Supply, Demand, Investment, Companies and Infrastructure (Fields, Blocks, Pipelines, LNG, Refinery, Storage Assets) - Market research report and industry analysis - 8898939 PVEP declared Gas discovery in Block M2 offshore Myanmar Petroleum Contract for Block M2 was signed on 2nd October 2008 between Myanmar Oil and Gas Enterprise (MOGE) and a group of contractors including PVEP as the Operator, Vietsovpetro and Eden Group (a petroleum company of Myanmar). Woodside holds operated equity interests of 55% and 45% respectively in offshore blocks AD-5 and A-7, located in the The Ministry of Electricity and Energy (“MOEE”) has announced that it will commence new tender rounds for offshore oil and gas (“O&G”) blocks in late 2018. LNG Project Developments in Myanmar 5. THE REPUBLIC OF THE UNION OF MYANMAR MINISTRY OF ENERGY Presentation for IEEJ about OIL AND GAS SECTOR IN MYANMAR Offshore Blocks. Under the terms of the agreement, Total will operate the Block alongside its partner Petronas Carigali holding the remaining 15% interest. Terms call for an 18-month environmental maps of the worlds oil and gas infrastructure | oil and gas fields License Blocks. Shallow Water. They are part of the Zawtika natural-gas project, and the government will reap 20 per cent of the benefits. Myanmar has awarded 20 blocks to international oil companies as part of its Myanmar Offshore Blocks Bidding Round 2013. Myanmar The first crude oil exports produced by the Myanmar oil and gas industry in 1853. While 61 companies were qualified to bid, only about 40 submitted applications by the Nov. Case Study & Sharing Experiences 6. In most cases since 2011, the awarding of blocks has been made by international tender. + Woodside is proposing to undertake an offshore drilling program in Blocks AD- 1 and AD-8 with and made several gas discoveries in Myanmar. Among the offshore oil and gas exploration projects, Yadana, Shwe, Zawtika, and Yetagun are now in progress. in Myanmar . Opening Up. Ltd. In all, 61 companies have been pre-qualified to bid for 11 shallow water and 19 deepwater blocks in Myanmar has invited foreign energy firms to explore 23 offshore oil and gas blocks, as the Southeast Asian country seeks billions of dollars in investments to tap its vast reserves. The bids are aimed at revitalising Myanmar’s energy sector, which has seen activity slowdown in recent years. The auction invites bids for 11 shallow water blocks and 19 deep water blocks, to be conducted on a production-sharing basis with the Myanmar Oil and Gas Enterprise (MOGE). • CFG holds an 80% interest in Myanmar’soffshore Block M15 and is the Operator • Myanmar’soffshore oil sector is dominated by the Super-majors and Majors. The fast offshore blocks, with exploration likely to the operation and extraction of oil and gas from onshore and offshore fields. will be the operator of the block with a 99 percent interest. Woodside informed that the Pyi Thit-1 exploration well in Block A-6 in the Southern Rakhine Basin, located offshore Myanmar, has intersected a gross gas column of approximately 65 metres. Myanmar Myanmar announces offshore oil & gas bidding round data prepared by the state-owned Myanma Oil and Gas be permitted to submit proposals for up to any three offshore blocks (shallow water offshore area of Myanmar. "Relinquishment of Myanmar Block M17 and M18 on completion of With expected decline in production from existing offshore gas blocks by 2021, the Myanmar government needs to find more ways to increase the supply before shortages affect the continuous growth of the economy. Sri Lanka takes its show on the road It also includes two blocks, PSC O in the Ayeyarwady Delta and MOGE 4 in the Pyay Embayment, which have been pre-awarded, the latter to Nobel Oil. In the past four years, 11 offshore rigs have The D9 Block prospect map and location of the first well to be drilled. com IN THIS ISSUE Woodside awaiting government approval for farm-in to three NP blocks Australian firm to join hinese company in three offshore blocks in the Rakhine asin near the Shwe offshore area NEW DELHI: Reliance Industries, ONGC Videsh and Cairn India are vying with global energy giants Shell, ConocoPhillips and ExxonMobil for 30 offshore oil and gas blocks that Myanmar has put on offer. YANGON, Myanmar (AP) -- Myanmar plans to put over 20 offshore oil and gas exploration blocks up for auction by April as the country pushes to attract foreign investment and expertise to help overcome an energy deficit that's a legacy of gas export deals made by its former military rulers. government last week cleared companies to invest in Myanmar, including in oil If all goes according to plan, the MoEE’s Department of Oil and Gas Planning will offer 18 onshore and 13 offshore blocks. Block Map of Myanmar MOGE Aggressive Exploration Programme ♣ To explore & produce oil and gas in onshore areas for self- self- sufficiency ♣ To oversee and cooperate the PSCs in Offshore areas 10. (“MPRL E&P”), the only independent E&P Company led by Myanmar nationals, operating in both onshore and offshore Myanmar, and the PSC Operator of Block A-6, is pleased to announce the discovery of gas in Well Pyi Thit-1. If you continue browsing the site, you agree to the use of cookies on this website. With three main large offshore oil and gas fields and 19 onshore ones, Myanmar has proven recoverable reserve of 18. rep HSE 004 2015 eni Myanmar r00 Page 1 of 72 This document is property of eni spa who will safeguard its rights according to the civil and penal provision of the law. Nepal. The new discoveries come three years after the first ever modern offshore oil and gas licensing round in previously undrilled areas offshore Myanmar. July, 2011 2. The opaque world of Myanmar’s oil industry The fast-opening southeast Asian country has handed out dozens of onshore and offshore oil blocks via opaque auctions that campaigners warn have at Myanmar Oil and Gas Industry Trends, 2018-2025- New Offshore Investment Opportunities Emerge Amid New Gas Discoveries February 15, 2018 Posted in Energy The report is uniquely framed- detailing updated market shares of all major companies operating in Myanmar oil and gas industry value chain along with their operations and infrastructure details. Natural resources such as oil and natural gas are rich to explore not only inland but also offshore in Myanmar. However, the announcement of the offshore licensing round for 30 offshore oil and gas blocks, by the Ministry of Energy in Myanmar (MOE), has supposedly sparked major interest from the large international oil and gas entities. State-run Myanmar Oil & Gas Enterprise (MOGE) has a right to acquire  What is next for the winners of Myanmar's offshore oil and gas blocks? Client Briefing Note – 26 March 2014 . The last round of exploration and production… Myanmar has named energy giants Chevron, Shell and Total among the winners of a landmark auction of offshore oil and gas exploration rights, pinning hope on its natural resources to drive economic The firm and its partners in its nine oil and gas concessions in Myanmar have submitted annual updates on their activities to the Myanmar Investment Commission (MIC). 82 billion U. 4-12 -2014. 1St December, 2015 Total 7 Companies in 18 Blocks in Offshore. The project consists of a production area within offshore Blocks M-12, M-13 and M-14 located in the Gulf of Martaban. After the oil and gas industry was nationalized by the Myanmar government in 1962, there are currently several offshore and onshore blocks that are at petronas awarded four exploration blocks in myanmar PETRONAS, Malaysia’s national oil corporation, has been awarded four Production Sharing Contracts (PSCs) for Blocks M-15, M-16, M-17 and M-18 offshore Myanmar by the government of the Union of Myanmar. Thursday’s announcement said 26 companies submitted a total of 54 bids in the competitive tender for the onshore blocks. The report of Commerce Myanmar may The Yadana gas field is an offshore gas field in the Andaman Sea. offshore blocks, with exploration likely to the operation and extraction of oil and gas from onshore and offshore fields. SINGAPORE-- The Zatila-1 well in block M9 offshore Myanmar flowed 16,000 cf/d of gas and 30 b/d of 54 deg API crude oil from 2,326 m, according PTTEP International Ltd. A total of four onshore and offshore blocks will involve us in exploration work for the next six years – confirmation of our increasing presence in South-East Asia. 8 Apr 2014 OVL had bid for two of the 10 shallow-water blocks that Myanmar had Reliance Industries won two of the three offshore oil and gas blocks it  Learn about Chevron's operations in Myanmar – including our involvement in the MOGE to explore for oil and gas in Block A5 in the offshore Rakhine Basin. Chevron has a 28. Four shallow and five deep water blocks will be available and 65 percent of the shallow blocks have proven hydrocarbons while the deep water Myanmar Oil and Gas Enterprise (MOGE) assumed all operations. Myanmar Oil & Gas Enterprise (MOGE) 1. OVL had bid for two The consortium had won the two blocks, M-4 and YEB, in the Myanmar Offshore Block Bidding Round-2013, conducted by the ministry of energy of the Republic of the Union of Myanmar. 722 TCF's estimated reserve of offshore and onshore gas, experts said. The bids are aimed at revitalising Myanmar’s energy sector, which has The world's biggest oil and gas firms want to explore in Myanmar as global sanctions ease and the country will soon launch an onshore and offshore exploration round, its energy minister said on The majority of companies recently awarded oil and gas blocks in Myanmar have failed to answer questions over who really owns them, said Global Witness as it released its survey of oil and gas company ownership in the country. 20 Oct 2018 New bids for oil and gas exploration rights on a series of blocks are Myanmar has 53 onshore and 51 offshore blocks that have been  Ophir Myanmar (Block AD-3) Limited /Parami Energy Development Co. Current Operating PSC Blocks (Offshore)  Myanma Oil and Gas Service Society Offshore Oil 9000 bbls/day Gas 1902 mmcfd Offshore 1st Round of Bidding. of oil and gas companies' operations in Burma's offshore blocks as of 2009:. International oil giants including Chevron, Royal Dutch Shell, ConocoPhillips and Total have won bids for offshore oil and gas exploration blocks off Myanmar’s western and southern coasts, according to the Ministry of Energy (MOE). Myanmar Oil and Gas Enterprise (MOGE) and the Burmese Ministry of Energy put 30 offshore blocks up for bidding last April, but out of the 61 international oil and gas firms pre-qualified, only 30 We operate the Yadana offshore gas field in Blocks M5 and M6 with a 31. Acquiring oil and gas assets in Myanmar. Bids were invited for 30 offshore blocks, including 19 deep water blocks and 11 shallow offshore blocks. 11 May 2016 Details of the licenses of onshore and offshore oil and gas blocks as Who are the real winners of Myanmar's latest Oil and Gas Block sales? 3 days ago The dynamic Oil and Gas sector reflects the high demand of electricity Offshore areas are divided into 51 blocks, of which 18 are in operation  Australia's Woodside has made a new gas discovery at the A-6 block in the Australian oil and gas company Woodside is preparing to spud the Shwe Yee  Do you have shining ideas to share with Myanmar offshore O&G industry Landscape of Southeast Asia Offshore Oil & Gas Industry Shallow Water Blocks 1. Pakistan. Details of the licenses of onshore and offshore oil and gas blocks as of 2015. Woodside in gas discovery offshore Myanmar. Drilling of appraisal well Shweyitun 2 in offshore block A-6 was started on 20 July and reached the target depth of 4,850 meter (15,912 ft. 61 Companies Make the Shortlist for Offshore Oil and Gas Tender in Myanmar Edwin Vanderbruggen, Paul Nikitopoulos and Nay Nwai Linn The Ministry of Energy has recently announced the list of shortlisted bidders for Myanmar’s offshore oil and gas tender 2013. RIL won both the blocks after its bids in Myanmar Offshore Block Myanmar offshore supply base options 1. If everything goes according to plan, the MoEE’s Department of Oil and Gas Planning will offer 18 onshore and 13 offshore blocks. 15 deadline, according to the official who declined to name the companies. frontiermyanmar. These offshore blocks are expected to be more lucrative, the source stated, and western oil producers will continue to wait until the Myanmar government NEW DELHI: ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp, has won two onland oil blocks in Myanmar, strengthening its presence in the south-east Asian nation. New bids for oil and gas exploration rights on a series of blocks are expected to stoke renewed interest in Myanmar’s energy sector and boost investment inflows According to the study on Myanmar’s offshore sector, thick sediment can be found, north and east of the coast of Rakhine. Myanmar offshore Block MD-4 Initial Environmental Examination (IEE) Despite losing out in competitive bidding, ONGC Videsh Ltd (OVL), the overseas arm of state explorer Oil and Natural Gas Corp, may still get a stake in a deep-sea block in Myanmar. Of the total, 53 are offshore and 51 are onshore. for the activities associated with oil and gas exploration surveys in offshore Blocks A-4 and AD-02 . Oil and gas are being explored for at the Miocene and Pliocene formations. With three main large offshore oil and gas fields and 19 onshore ones, Myanmar has proven recoverable reserve of 510 bn cm out of 2. Date created: 11/05/2016 License: CC-BY-4. According to Myanmar's Ministry of Electricity and Energy, the country has 104 oil and gas blocks. The PTTEP of Thailand has found new natural gas deposit from three more test wells at M-3 Mottama offshore block in Myanmar, official media reported Sunday. from publication: Evaluation of the environmental impact assessment  Myanmar is one of the world's oldest oil producers; exporting its first barrel of crude in international bid rounds for onshore and offshore oil and gas blocks. In 2014 Myanmar attracted foreign direct investment totalling US$8 billion, of which more than 35 per State-owned Myanmar Oil and Gas Enterprise (MOGE) will invite international tenders for oil and gas exploration and drilling and production activities in unoccupied onshore and offshore blocks in partnership with foreign oil companies, the ministry announced last month. This equates to a track record Map of Myanmar offshore oil & gas blocks Yangon, Myanmar – International oil majors including Royal Dutch Shell, Statoil, ConocoPhillips and Total won rights to explore for oil and gas off Myanmar, according to the Southeast Asian country’s Ministry of Energy. According to the US Energy Information Agency (EIA): "Burma (Myanmar) is an important natural gas producer within Southeast Asia, though its upstream hydrocarbons sector is underdeveloped. 26 Mar 2014 Myanmar has finally awarded tenders to explore for oil and gas in its 20 offshore blocks to international energy companies, including Royal  10 Jun 2013 Data on Burma's oil and gas reserves and resource potential is . and France-based Total E&P Myanmar Co Ltd farmed-in. Read More Another round of bidding for 11 shallow-water and 19 deepwater offshore oil and gas exploration blocks is also underway and the winners are expected to be announced early next year. 1 Zaw Naing Managing Director, Mandalay Technology Board Member, Royal HaskoningDHV (Myanmar) Chief Representative, Intergraph Myanma Oil and Gas Services Society (MOGSS) 2. PSC Company Block Status. Burma is a resource-rich country, and natural gas provides the regime with a substantial Two more companies have issued details of their newly awarded exploration permits offshore Myanmar, following the country’s 2013 offshore bid round. In Myanmar, Chevron does business through its subsidiary Unocal Myanmar Offshore Co. The country has classified 51 onshore blocks and 53 offshore blocks, including 26 deep water blocks, for oil and gas exploration. In accordance with Shell standards, international best practices and recently enacted Myanmar legislation, Shell undertook social and environmental impact assessments, named Initial Environmental Examinations (IEEs), in preparation for the activities associated with oil and gas exploration surveys in offshore Blocks A-4 and AD-02. Meanwhile, the Yadana and Yetagun offshore natural gas blocks are producing more than 1 billion cubic feet of natural gas a day. The consortium had won the two blocks, M-4 and YEB, in the Myanmar Offshore Block Bidding Round-2013, conducted by the ministry of energy of the Republic of the Union of Myanmar. RANGOON - The Myanmar Ministry of Energy is auctioning 30 oil and gas blocks in the Myanmar offshore areas. Nippon Oil Exploration (Myanmar) 1992 September, Acquired working interest in Block M-12 offshore Myanmar. Offshore oil and gas blocks in Myanmar On 7 January 2013, Myanmar’s Ministry of Energy (Ministry) launched its long awaited bidding round for offshore oil and gas blocks. The well was drilled to TD of 2,912 m in the Gulf of Martaban 250-300 km south of Yangon. BURMA -- Myanmar has invited foreign energy firms to explore 23 offshore oil and gas blocks, as the Southeast Asian country seeks billions of dollars in investments to tap its vast reserves. Myanmar’s Offshore Oil and Gas Exploration Blocks Auction 3. invested 100 per cent capital for A-6, and signed a Production Sharing Contract for Offshore Block A-6 on January 18, 2007 with the Myanma Oil & Gas Enterprise (MOGE). Myanmar’s contracts with Statoil and ConocoPhillips are only the latest demonstrating the once-secretive Woodside has one of the largest offshore petroleum acreage holdings in Myanmar. NEW DELHI -- ONGC Videsh plans to bid for offshore blocks in an upcoming bidding round in Myanmar as its Southeast Asian neighbor seeks foreign investments to tap its vast unexplored oil and gas Myanmar has awarded 10 shallow-water oil and gas exploration blocks and 10 deepwater blocks in an auction process that began in April last year, according to a posting on the country's Ministry of Myanmar Energy rief Issue 97 25 May 2017 Part of the Myanmar Energy Monitor energy. (KOGAS) Gas Authority of India Ltd. (ticker: CVX) has signed a production sharing contract (PSC) with Myanma Oil & Gas Draft Myanmar Environmental Impact Assessment (EIA) Procedures: Comments1 on aspects relevant to Offshore Oil and Gas Exploration and Production Appropriate EIA phasing for Petroleum E&P Activities According to best international practice, an EIA or ESIA process needs to be specific to the actual RANGOON - The Myanmar Ministry of Energy is auctioning 30 oil and gas blocks in the Myanmar offshore areas. Terms call for an 18-month environmental Myanmar has an abundance of natural gas resources in the offshore areas. Myanmar Oil and Gas blocks. dollars from natural gas export as of December 9 in this fiscal year 2016-2017. 6 million acres (10,600 sq. Geopetrol had previously been involved in Myanmar as a minority partner in an onshore oil field, and Nobel Oil had previously explored onshore blocks. MOGE successfully delineated the older fields and found smaller fields from their own exploration. The well reached the planned original total depth (TD) of 4,810 m (15,781 ft). U ZAW AUNG . The blocks are 250 kilometres from Dawei and 270 kilometres from Myeik, respectively. The three test wells Aung Thinkha- 4, 5 Durable Offshore Oil and Gas Contracts Workshop August 21, 2013 - August 23, 2013 In close coordination with the State Department’s Bureau of Energy Resources (ENR), CLDP conducted a two and a half day workshop entitled “Durable Offshore Oil and Gas Contracts for Cooperation with International Oil Companies” from August 21-23, 2013. E&P opportunities in SE Asia and successfully participated in Myanmar’sinaugural offshore bidding round. 012 TCF out of 89. If all goes according to plan, the MoEE’s Department of Oil and Gas Planning will offer 18 onshore and 13 offshore blocks. Myanmar's Ministry of Energy announced a final list of top oil companies selected for exploring oil and gas at Myanmar's 20 offshore blocks on March 26, Eleven Myanmar reported. YANGON, Myanmar (AP) — Myanmar plans to put over 20 offshore oil and gas exploration blocks up for auction by April as the country pushes to attract foreign investment and expertise to help overcome an energy deficit that's a legacy of gas export deals made by its former military rulers. 18. Even with sanctions in place, world isolation, and a general lack of technical capacity, the oil and gas industry has Gas from the new offshore blocks currently up for grabs is not destined to be shipped along this route to China, but the incident highlights the security risk posed by ethnic conflicts. All of this is good news for drilling contractors. Myanmar Ports KAWTHOUNG DAWEI MYEIK MAWLAMYINE YANGON PATHEIN THANDWE KYAUKPYU SITTWE 3. It is foreseen that these blocks will be available for exploration and production purposes (“2018 Tender Rounds”). About 15 m (49 ft) of net gas pay was interpreted within the primary target interval. With expected decline in production from existing offshore gas blocks by 2021, the Myanmar government needs to find more ways to increase the supply before shortages affect the continuous growth of the economy. New Delhi: India’s largest private sector company Reliance Industries Ltd (RIL) and Myanma Oil & Gas Enterprise (MOGE), a state-owned enterprise of Myanmar, on Tuesday signed production-sharing contracts for two offshore blocks. Currently, offshore production facilities in Myanmar exists in both shallow and medium water depths; however, the potential of frontier deepwater RANGOON — Royal Dutch Shell and its Japanese partner Mitsui Oil Exploration Co. Shell reenters Myanmar on a high note as the only one awarded 3 deep water blocks in a consortium with MOECO. Myanmar produces more than The Shwe Yee Htun-1 exploration well in Block A-6 in the Rakhine Basin offshore area of Myanmar has hit a gross gas column of about 129 m (423 ft), Woodside said in a news release. Burma is a resource-rich country, and natural gas provides the regime with a substantial YANGON, Myanmar - Myanmar plans to launch a long-awaited bidding round for 30 offshore oil and gas blocks in April, which is likely to attract participation from international oil majors, a senior Reading Time: 2 minutes Myanmar’s oil and gas blocks. The group commended Myanmar’s Machinery & Solutions and Myanmar Total is pursuing its investment in gas exploration to continue to meet local energy needs and support Myanmar's growth in the years to come. 15 deadline, according to the Guide to Foreign Investment in Burma’s Oil and Gas Sector: Offshore Blocks Key* Daewoo International Korea Gas Corp. Drilling&Well Management, New Chemicals, Flow Assurance & HSE Explorating MYANMAR's Offshore E&P Opportunities September 2006 to explore oil and gas at block M-8 in the Mottama offshore area. Australia-based Woodside Energy (Myanmar) Pte, Ltd. Located in the Andaman Sea, around 60 kilometers from the Myanmar coast, the field produces gas that is primarily supplied to Thai national oil and gas company PTT. The Asian country’s energy ministry awarded ten shallow water blocks and ten deepwater blocks to the following oil majors: Statoil, Eni, Shell, Total, ConocoPhillips, BG Group, and Woodside Energy. We've secured interests in nine offshore blocks through successful bid rounds and farm-ins. 9 May 2016 Enterprise, Myanmar Oil and Gas Week, Yangon, Myanmar. MOGE's take for onshore blocks is between 60% and 90% for both crude and gas, depending on the volumes produced. Myanmar awarded 10 onshore oil and gas blocks to eight firms in its biggest energy tender in years and is now offering nine offshore blocks, two Yangon-based sources with direct knowledge of the If all goes according to plan, the MoEE’s Department of Oil and Gas Planning will offer 18 onshore and 13 offshore blocks. Table 7: Offshore Oil and Gas Blocks (Source: Open Development Myanmar, 2017) Table 8: Onshore Oil and Gas Blocks (Source: Open Development Myanmar, 2017) Table 9: Installed Capacity of Coal, Gas and Diesel Power Plants (Source: Ministry of Electricity and Energy, 2016) Table 10: Installed Capacity of 27 Large (>10 MW) Hydropower Projects Table 2: Burma’s Oil and Gas: Offshore Blocks Block(s) Companies [Parent Co. Myanmar has 53 onshore blocks in operation;17 blocks are operated by 12 companies, mostly international companies. A net gas pay interval of approximately 36 metres has been interpreted within the primary target sandstone If all goes according to plan, the MoEE’s Department of Oil and Gas Planning will offer 18 onshore and 13 offshore blocks. Currently, Myanmar’s inland blocks are producing more than 9,300 crude oil barrels a day and more than 100 million cubic feet of natural gas a day. 17 per cent) MOGE (15 per cent) and Premier Petroleum Myanmar Ltd (27. Myanmar will invite tenders for open offshore blocks by the end of the year, according to Daw Khin Htay, director of state-owned Myanmar Oil & Gas Despite Myanmar being one of the world's oldest oil and gas producers, its upstream oil and gas sector is considered to be relatively underdeveloped. Shell holds equity interest in 4 offshore blocks in Myanmar. Unocal Myanmar Offshore Co. Myanmar eni Myanmar Date September Document n. 30 Dec 2008 China's state oil and gas firm China National Petroleum Corp. ). There are also plans to launch a tender for at least one onshore block before the end of 2018. + Oil Star Management Services Deep Water Blocks-11. The Myanmar government is widely expected to release multiple Gas Blocks in the second half of 2018 for tender and bidding. As Myanmar's oil The oil and gas industry is moving towards deepwater exploration as cost optimisation, through a period of low priced oil, has ensured deepwater explorations and production become more viable. It is Myanmar's second international bidding and local and  Download scientific diagram | Offshore and Onshore oil and gas blocks in Myanmar. Myanmar awarded 10 onshore oil and gas blocks to eight firms in its biggest energy tender in years and is now offering nine offshore blocks, two Yangon-based sources with direct knowledge of the deals told Reuters on Friday. “Investment in the two blocks will not be the same. In June 2014, the Government of Burma awarded 20 international companies preliminary rights to explore and produce offshore blocks, with exploration likely to. India’s Reliance Industries, ONGC Videsh and Cairn India are vying with global energy giants and Asian national oil companies for 30 offshore oil and gas blocks that Myanmar has put on offer. The offer is likely to attract interest from international oil majors after the U. Japan Drilling Co (JDC) is returning to offshore Myanmar in the final quarter of 2007 for Petronas. The National   28 Mar 2019 Next month, 15 offshore blocks and 18 onshore blocks will be put up for tender. MPRL E&P continues to lead the offshore exploration sector by moving closer towards unlocking the gas potential of block A-6 in the form of a clean and long-term sustainable energy supply that Myanmar may leverage to drive progress in the nation. for buying gas from the Shwe field in A-1 offshore block and the A-3 block,  Business Activities in Myanmar. 6. 17 per cent), Nippon Oil (14. Frontier has confirmed through interviews with industry sources and company officials that almost half of the offshore blocks awarded in a 2014 tender have been The Ministry of Electricity and Energy of Myanmar has recently announced that it has decided to hold its offshore oil and gas production tenders, that are expected to bring new investments in this sector. “The exploration work in M11 will start after February 2018 and in M9 in October next year,” an official of Myanma Oil and Gas Enterprise said. Myanmar Blocks Map, Current Operators and Projects Myanmmar Oil and Gas Blocks as of Aug 2012. Among the companies receiving acreage are US International oil giants including Chevron, Royal Dutch Shell, ConocoPhillips and Total have won bids for offshore oil and gas exploration blocks off Myanmar’s western and southern coasts, according to the Ministry of Energy (MOE). OVL, which has stakes in the A-1 and A-3 gas discovery blocks and three other offshore acreages in Myanmar, was The MoEE is the primary government agency responsible for the oil and gas sector . Myanmar named energy giants Chevron, Shell and Total among the winners Wednesday of a landmark auction of offshore oil and gas exploration rights, pinning hope on its natural resources to drive economic growth. Transocean’s SEDCO 601 recently completed a contract for Daewoo. Myanmar is offering 11 shallow and 19 deep-sea blocks. MYANMA OIL & GAS ENTERPRISE MINISTRY OF ENERGY. The country, left impoverished by nearly five decades of isolation under military rule Map of Myanmar offshore oil & gas blocks Yangon, Myanmar – International oil majors including Royal Dutch Shell, Statoil, ConocoPhillips and Total won rights to explore for oil and gas off Myanmar, according to the Southeast Asian country’s Ministry of Energy. 1 Dec 2014 Myanmar Onshore and Offshore OIL & GAS FIELDS YEAR OF DISCOVERY REMARKS. OVL and GAIL already have stakes in A-1 and A-3 blocks in Myanmar, which started production last month, and they are looking at consolidating their MPRL E&P Announces Third Gas Discovery in Myanmar Offshore Block A-6 MPRL E&P Pte Ltd. Myanmar: The Next Frontier For Offshore Oil to explore and drill for gas and oil. In addition to its commercial decision making process, an investor seeking to acquire or farm-in to a block in Myanmar needs to consider several important factors: Local partner due diligence: companies which have been awarded onshore blocks require a local partner under the FIR. List of Onshore and Offshore Operators Myanmar Legal Update: Oil & Gas Blocks Tender 2019 – The new Draft Petroleum Law and Revised PSC Back In early 2019, the Ministry of Electricity and Energy (“ MOEE ”) announced that it would soon be calling a new round of international tenders for 18 onshore and 15 offshore oil and gas blocks expected to take place in early 2019. AD-9 Ltd. In 1988, the government opened oil and gas exploration to foreign oil companies, and Unocal again acquired a huge block in the same location. Myanmar’s Government has commenced an auction of 30 offshore oil and gas exploration blocks, which is anticipated to attract huge interest from foreign multinational companies. Successful bidders will be granted full rights to up to three of the 19 deepwater blocks on offer. August 2019 The firm is making progress in its plans to begin producing at the A-6 offshore block, according to the company’s recently released financial report for H1 2019. 25 shallow water blocks and launched exploratory drilling in offshore areas. The last round of exploration and production… Oil & Gas Companies in Myanmar. YEB Oil India Limited +Mercator Petroleum Limited + Oilmax Energy Pvt Ltd. Myanmar has invited foreign energy firms to explore 23 offshore oil and gas blocks, as the Southeast Asian country seeks billions of dollars in investments to tap its vast reserves. 10 Blocks. Despite losing out in competitive bidding, ONGC Videsh Ltd (OVL), the overseas arm of state explorer Oil and Natural Gas Corp, may still get a stake in a deep-sea block in Myanmar. Australia’s Woodside has found more gas offshore Myanmar after its Pyi Thit-1 exploration well in Block A-6 LOW OIL and gas prices are prompting many foreign energy firms that flocked to Myanmar in the wake of economic reforms to downsize their holdings and even exit the country completely. YANGON, Myanmar (AP) — Major oil companies including Total, Chevron, Woodside Energy and Shell have won bids for offshore oil and gas exploration blocks off Myanmar's western and southern coasts Today, the Ministry of Energy (MOE) announced the selected operators for 10 shallow water and 10 deep water blocks in following of the 2013 offshore oil and gas tender. PTTEPI plans more exploration drilling in However, the announcement of the offshore licensing round for 30 offshore oil and gas blocks, by the Ministry of Energy in Myanmar (MOE), has supposedly sparked major interest from the large Myanmar Energy. The. Energy firms must submit their bids by the 14 June, reported the AFP. Myanmar Oil and Gas Enterprise is not only operating the drilling itself, but also cooperating with foreign companies for inland and offshore oil and gas blocks. Myanmar produces more than A Synthesis of Myanmar Petroleum Geology and Potential* Lynn Myint1. The country earned 1. We have safely completed three drilling campaigns, making gas discoveries every year since 2015. 14 Aug 2013 More than 100 companies are seeking offshore and onshore blocks. Shwe Phyu and Mya offshore gas fields, located in blocks A-1 and A-3 of the Bay of Bengal, Myanmar. 6 million acre A5 block offshore Myanmar. Yearly Gas from the new offshore blocks currently up for grabs is not destined to be shipped along this route to China, but the incident highlights the security risk posed by ethnic conflicts. Myanmar has invited foreign energy companies to bid for the right to explore 18 onshore oil and gas blocks, but most Western oil majors are expected to wait until the country's bigger, more YANGON, April 11 (Reuters) - Myanmar said it would open bidding in June for the exploration and development of 11 shallow and 19 deep-sea oil and gas blocks, in only the second bidding round since PTTEP to Start Exploring Myanmar Offshore Gas Deposits Next Year. myanmar offshore oil and gas blocks

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