Offshore Upstream Activities Taking Shape in Myanmar, Slowly

“I don’t think the main supply base can support [a larger work volume required for offshore operations]. For seismic campaigns, we are still ok, but for drilling campaigns we need more supply bases especially towards end 2016 when these operations will start,” Than Tun commented to Rigzone.

“Up till now we have not decide on joint venture for supply bases, but we will consider anybody who is willing to start. At least 2 to 3 supply bases are needed as capacity at the main supply base in Yangon [operated by MOGE] is limited and congested and it is not ready for expanded workload,” he added.

In late February, Singapore-based 2 Fish Pte Ltd.’s unit Myanmar Offshore Supply Base (MOSB) Ltd. announced plans to invest in a supply base at Mawlamyine (also known as Moulmein) in Mon state. The offshore supply base, spread over 193 acres, including 46 acres of river front land in natural depth of 26 to 42 feet, will provide a wide range of services to oil and gas field operators working in the Bay of Bengal.

The supply base, to be built in stages after groundbreaking in March, will concentrate “on vital offshore and onshore services to support the burgeoning oil and gas industry in Myanmar,” MOSB said in a press release.

Need for Skilled Manpower

Petroleum contributed significantly to foreign investment into Myanmar in financial year 2014-2015 ending March 31, with the sector accounting for around 35 percent of the total $8.1 billion received by the country, Aung Naing Oo, head of Myanmar Investment Commission told Reuters March 25.

The surge in exploration activity in Myanmar is likely to boost demand for skilled workers in the oil and gas sector given the lack of such a workforce now. This has become an increasingly urgent issue that the government and the petroleum sector need to address, industry watchers noted.

Worldwide Recruitment Solutions (WRS) said in a recent commentary that the Myanmar government and the business community are “keen to embrace the vast range of skills and experience that expat workers can offer, as there is currently a lack of skilled personnel within the nation’s oil & gas workforce.”


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