MOGE to Name Firms in End 2015 to Develop Myanmar's Offshore Supply Bases

State-owned Myanmar Oil and Gas Enterprise (MOGE) is expected to appoint firms to develop new offshore supply bases in Myanmar later this year or early next year to support an anticipated increase in upstream activities over the next few years, a company official said Monday.

"We will inform interested parties to submit prosposals in the second week of August and they will be given three months to do so," the company official told Rigzone, adding that MOGE will decide on the selected parties in late 2015 or early 2016.

Fifty one companies, both local and foreign, have expressed interest in developing the new Myanmar supply bases, which are expected to take around 18 to 24 months to build, the official said. 

Local media Myanmar Times reported Friday that interested companies -- from Australia, Brunei, China, Indonesia, Japan, Malaysia, the Netherlands, Saudi Arabia, Singapore, Thailand, the U.K., the U.S. and Vietnam -- may develop the new offshore supply base either individually or in a consortium.

MOGE has not decided on the number or the location of the offshore supply bases so far although Myanmar Times indicated that potential sites include Yangon, Dawei in Tanintharyi Region, Pathein in Ayeyarwady Region, Malawmyine in Mon State and Sittwe or Kyaukphyu in Rakhine State. Myanmar currently has only one offshore supply base facility at Yangon.

"MOGE will decide on the locations ... [possibly in consultations] with foreign [oil and gas field] operators," the official told Rigzone.

According to Myanmar Times, companies interested in developing the new offshore supply bases are required to provide their own land, suggesting that international firms will have to seek local partners for the projects.


View Full Article


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Chee Yew Cheang
APAC Editor | Rigzone
 -  Malaysia's InvestKL Woos Top Oil, Gas ... (Oct 6)
 -  Petrobangla Invites EOIs for 3 Offshor... (Sep 30)
 -  Malaysia's SapuraKencana Posts 7.1% Ga... (Sep 29)
 -  TH Heavy Engineering, McDermott End Pa... (Sep 26)
 -  Singapore's NUS Slowly Builds its Petr... (Sep 26)

Most Popular Articles

From the Career Center
Jobs that may interest you
Contract Administrator
Expertise: Contracts Administration
Location: Chesapeake, VA
Logistics Coordinator & Optimization Analyst
Expertise: Logistics Management
Location: Billings, MT
Associate Category Manager or Category Manager Job
Expertise: Logistics Management|Purchasing|Supply Chain Management
Location: Denver, CO
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours