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Myanmar Oil & Gas Industry | MiTA: Consulting Company in Myanmar Singapore Thailand

Investment in Myanmar: Complying with FCPA, UK Bribery Act & Myanmar Anti-corruption Law … contact us

Investment & Business Consulting in Myanmar: Oil and Gas Sector

3i: Ideas, Insights & Implementations®: Consultant & Partner in Myanmar.

MiTA specializes in oil and gas industry and provides investment & management consulting and engineering services in Myanmar and other countries in South East Asian regions. MiTA provides consulting services in Myanmar across all major industries: • Myanmar Oil and GasPowerRenewable EnergyMiningTelecommunicationInformation Technology & IT Enabled Services Real EstateInfrastructureAgricultureMedical & Health CareManufacturingSMEEnvironmental Engineering and Waste ManagementFisheries and AquacultureGarments and ApparelHandicrafts and AntiqueBanking Finance and Insurance.

We are providing consulting services in Myanmar oil and gas industry since 2009. We worked for E&P operating companies, EPC Contractors, Engineering Consultants, Equipment Suppliers, Trade Promotion Departments of Embassies, etc. MiTA’s clients and business associates are from Japan, USA, UK, Germany, Norway, South Africa, Australia, Singapore, India, Thailand, Myanmar, etc.

We partner with our clients in innovation, management & Technology applications to achieve optimum business outcome in an emerging market by our international expertise, local knowledge professional network, meeting international standards in technology, safety, ethics, anti-bribery regulations (FCPA, UK Bribery Act & Myanmar Anti-corruption Law) to manage reputation of business associates & clients. Through local Corporate Social Responsibilities (CSR), Environment Impact Assessment (EIA) & Social Impact Assessment (SIA) programs we help our clients establish business in the host country like Myanmar as a responsible investor. In Myanmar we facilitate MIC Permit, Myanmar Company Registration with DICA. For details of our services please visit SERVICES page.

Myanmar Oil & Gas industry

Myanmar Oil & Gas industry is booming. Ministry of Energy, Government of Myanmar awarded onshore oil and gas blocks in Myanmar in 2011. Under current practice, three types of Production Sharing Contracts (PSCs) may be awarded: PSC for onshore blocks; PSC for shallow water offshore blocks; and PSC for deep water offshore blocks. Three Improved Petroleum Recovery (IPR) contracts are also expected to be awarded in the current round of onshore block bidding. Current legislation governing oil and gas in Myanmar includes nine principal laws:

- The Oilfields Act 1918;
- The Oilfields Rules 1936;
- The Petroleum Act 1934;
- The Petroleum Rules 1937;
- The Essential Supplies and Services Act 1947;
- The Oilfields (Labour and Welfare) Act 1951;
- The Petroleum Resources (Development Regulation) Act 1957;
- The Law Amending the Petroleum Resources (Development Regulation) Act 1969; and
- The Myanmar Petroleum Concession Rules 1962.

These laws are mostly based upon British Law Codes of the pre-independence Indian statutes. Although the terms and conditions of Production Sharing Contract (PSCs) largely govern E&P operations, the above mentioned Oilfields (Labor and Welfare) Act 1951 is of continuing importance to contractors and their service companies. A new petroleum law has been drafted and is under review by the Attorney General’s office.

Myanmar Oil and Gas Industry

Myanmar Oil and Gas Bidding Round – 2013

International oil and gas exploration and production companies from all over the world expressed interest and participated in 2013 rounds of bidding for onshore, shallow water offshore and deep water offshore oil and gas blocks in Myanmar. for 2013 Myanmar Oil and Gas Onshore Bidding Round fifty nine (59) companies were pre-qualified. Out of these fifty nine pre-qualified companies, twenty two (22) companies submitted proposals for 2013 Myanmar Oil and Gas Onshore Bidding Round. On 11th April 2013 Ministry of Energy, Government of Myanmar announced Myanmar Oil & Gas Offshore bidding round 2013. In this offshore oil and gas bidding round eleven (11) shallow water offshore blocks and nineghteen (19) deep water offshore blocks were tendered. Many foreign oil and gas exploration and production companies submitted. This demonstrates international E & P companies andnormous insterest in Myanmar oil and gas industry and potential growth of Myanmar oil and gas sector. Myanmar offers a lot of business opportunities for oil and gas services companies and investors.

MiTA Myanmar Investment & Management Consulting and Engineering Services

MiTA Myanmar Team consists of professionally qualified and highly experienced personnel with international experience. In Myanmar, we also have a Panel of Advisors and Senior Consultants who retired from Myanmar Oil and Gas Enterprise (MOGE), Myanmar Petrochemical Enterprise (MPE), Ministry of Energy, Ministry of Mines, Department of Geological Survey and Mineral Exploration (DGSE), Ministry of Industry, Myanmar Investment Commission (MIC), Telecom (MPT), etc., and having good working relations with many private companies, Govt. Enterprises, Ministries and Departments of the Government of the Union of Myanmar.

In Myanmar, MiTA provides one-stop customized consulting service to foreign investors for entry into Myanmar’s emerging market and business match-making with local companies. Our services cover market research and due diligence, technical feasibility, IEE-EIA-SIA, MIC permit, Myanmar company registration, liaison with Government Ministries and Departments, localization of business, HRM-Recruitment-local content management and project management support services. For details of our services please visit SERVICES page.

MiTA Myanmar @ ISBC provide consulting services: (a) due diligence, market research, SWOT analysis, planning business operation & new business organization; (b) Myanmar company registration and starting business operation, as well as, (c) provide human resources (local staff), administrative, liaison & business representation (agency), and management support services in Myanmar. For details of our services please visit SERVICES page.

Myanmar Investment & Business Summits, Conferences and Exhibitions

MiTA is also organizing a series of investment and business summits, conferences and exhibitions in Myanmar covering all the above industries.

Myanmar in Transition: Changing Myanmar Investment Laws and Regulations

Myanmar is in transition and new investor friendly rules & regulations are being implemented. The laws & regulations are changing very fast. You may contact our company for updated information and consulting services in Myanmar.

Myanmar Onshore Oil Industry

Investment in Myanmar Onshore Oil and Gas Blocks Historic Development 18 Century, several hundred shallow hand-dug wells, each yielding an average of 10 to 50 Gallons a day in Yenangyaung Oil Field 1886, the establishment of a modern petroleum indu

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Onshore Oil & Gas Operators

Onshore Oil and Gas Operating Companies in Myanmar Sixteen Oil and Gas Operating companies (IOCs) are doing exploration and production in Myanmar and they have signed concession contracts (production sharing contracts / Operating Improved Petroleum Rec

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Myanmar Offshore Oil Industry

Investment in Myanmar Offshore Oil Industry Investment in Myanmar Oil and Gas Explorations Offshore Blocks Farm-in

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Investment in Oil & Gas Blocks and Projects in Myanmar

Investment Myanmar Onshore and Offshore Oil and Gas Blocks and Projects Our services includes (a) liaison & technical support services during initial data review, (b) evaluation of oil blocks, (c) assistance in making the strategic action plan and the

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Myanmar Local Partner

Myanmar Local Partner for Onshore and Offshore Oil and Gas Projects In Myanmar, MiTA Services (Singapore) provides services in association with MiTA Myanmar @ Investment & Strategic Business Consulting (ISBC) which is registered with Energy Planning De

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Refineries & Petrochemical Plants

Refineries & Petrochemical Plants in Myanmar: Existing & Upcoming Myanmar has three (3) refineries: Thanlyin, Chauk and Mann Thanpayarkan; having total capacity of 51000 Barrels of Oil Per Day (BOPD). Thanlynn refinery is already revamped by India loan

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2013 Offshore Blocks Bidding in Myanmar

Myanmar Oil & Gas Offshore Blocks Bidding Round – 2013: Oil and Gas Exploration On 11th April 2013 Ministry of Energy, Government of Myanmar announced Myanmar Oil & Gas Offshore bidding round 2013. In this offshore oil and gas bidding round eleven (1

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2013 Onshore Blocks Bidding in Myanmar

Myanmar Oil & Gas Onshore Blocks Bidding Round – 2013: Oil and Gas Exploration On 17th January 2013 Ministry of Energy, Government of Myanmar announced Myanmar oil & gas onshore bidding round 2013. In this onshore oil and gas bidding round eighteen (

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Organization Structure of Ministry of Energy & Myanmar Oil and Gas Enterprise

Myanmar Oil & Gas Enterprise and Energy Planning Department, Ministry of Energy Myanmar Oil and Gas Enterprise (MOGE) is the State owned enterprise empowered to conduct all exploration, production and transportation of oil and gas in onshore and offsho

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MiTA Myanmar Investment Conferences & Exhibitions

Corporate Social Responsibilities

MiTA Services is committed to Green Environment, Sustainable Development and Value Creation for the Ecological Society where man coexists with nature. MiTA Services commits to use minimal papers in office work to save the trees and encourages everybody using electronic media as much as feasible. MiTA's research, engineering design and management practice will follow green business philosophy.