Myanmar Awards 20 Offshore Oil And Gas Exploration Tenders

By Sophie Song@SophieXSong on March 26 2014 3:42 PM Myanmar has finally awarded tenders to explore for oil and gas in its 20 offshore blocks to international energy companies, including Royal Dutch Shell PLC (NYSE:RDS.A), ConocoPhillips (NYSE:COP) and Total SA (NYSE:TOT), a positive sign for the future of Myanmar’s energy industry. “Considering the winning bidders include some household name international oil companies and prominent...

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Whether it’s Burma or Myanmar, its oil and natural gas sector is open for business

By James Bourne | December 3, 2013 12:01 AM  Many people are only just getting used to the idea that Burma is now called Myanmar, that after almost 50 years of military rule it is moving quickly toward full democracy and that, following the easing of US and EU sanctions, it is open for business. But in Asia, the rich business opportunities in Myanmar are well understood. The former capital Yangon is a construction site as, and to the dismay of...

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Burma comes in from the cold, gold and all

  Victoria Bruce  Published: August 11, 2012 – 3:00AM AS POST-SANCTION Burma opens for business, Australian companies are eyeing investment opportunities in the country’s unexploited mineral reserves. The sector is receiving a gold rush of interest from Australian miners wanting to unlock the country’s rich mineral wealth. While the impoverished south-east Asian nation of Burma, also known as Myanmar, has a long...

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Asia private equity funds line up dollars for Myanmar

Fri, May 25 2012 * Easing of sanctions opens gates to investments * Attractive opportunities in real estate, infrastructure, financials * But Myanmar still lacks legal framework to protect investors By Charmian Kok and Stephen Aldred SINGAPORE/HONG KONG, May 25 (Reuters) – Hong Kong’s Cube Capital and Marc Faber-backed Leopard Capital are among Asian private equity firms lining up nearly $500 million aimed at Myanmar, hoping to tap...

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