|
Oil & Gas Myanmar 2014 Caters to Flourishing Energy Sector in Myanmar
SINGAPORE, Aug 11, 2014 - (ACN Newswire) - The inaugural edition of Oil & Gas Myanmar 2014, a dedicated industry trade event focusing on Oil & Gas Exploration and Production & Refining, will be unveiled at the Myanmar Convention Centre (MCC) from 15 to 17 October 2014 amidst an exciting and promising era in the country's energy sector.
- Vast potential in Myanmar's energy sector
Myanmar has seen noticeable benefits since the opening of its energy sector to foreign investors in recent years. Data from the Myanmar Investment Commission put oil and gas foreign investments at USD$14.372 billion last year[1], accounting for 33.46 per cent and ranking second in the country's foreign investment after electric power.
The country has awarded offshore petroleum exploration blocks tenders to international energy companies, including major players like ConocoPhillips, Royal Dutch Shell PLC, and Total SA - a clear sign of the development of the country's potentially vast hydrocarbon resources.
Foreign companies have also won tenders for oil and gas exploration for onshore blocks, with companies hailing from Britain, Brunei, Canada, India, Italy, Luxembourg, Malaysia, Pakistan, Russia and Thailand.[2]
Mr. Chua Buck Cheng, Project Director for Oil & Gas Myanmar, from show organiser Singapore Exhibition Services says, "The business climate in Myanmar in recent years has brought about endless possibilities, with the energy sector attracting healthy investments. Oil & Gas Myanmar 2014 recognises the needs and potential of this emerging market and will help to bring the international oil and gas community to Myanmar. This show will provide the optimal platform for exhibitors to seek deeper insights to the local energy industry, and for local players to source for the most up-to-date products and technologies."
- Oil & Gas Myanmar to bridge the gap between the international and local industries
Oil & Gas Myanmar 2014 is set to be a comprehensive platform for oil and gas players in the international arena seeking to enter Myanmar market.
The show is expecting more than 60 international exhibitors, including leading industry names such as 3R Solutions, Downhole Products, Franklin Offshore, Schulz Far East, Toll Offshore, Wartsila, Yokogawa and more. There will be strong representation at the Singapore and UK pavilions, supported by International Enterprise (IE) Singapore and UK Trade & Investment (UKTI) respectively.
Organising the collective participation of 20 Singapore-based companies under the Singapore Pavilion with the support of IE Singapore is the Association of Singapore Marine Industries (ASMI). Ms. Winnie Low, Executive Director of ASMI says, "ASMI is pleased to lead the Singapore Pavilion at Oil & Gas Myanmar 2014. The opportunities and potential in Myanmar's oil and gas sector is immense - an opinion shared by the 20 companies in the pavilion. Through participating in the show, we hope to get a head start into the Myanmar market, and we look forward to meeting local companies at the 222 square metres Singapore Pavilion."
Mr. Toh Boon Meng, General Manager of the Emerging Markets Division of Yokogawa Engineering Asia says, "The scope of opportunities in Myanmar is great as we at Yokogawa expect substantial economic growth in the coming years as the country offers rich natural resources, new emerging market and an investment-friendly environment. Rated amongst the world's top exploration and production hotspots, rapid growth is expected across key sectors, notably oil and gas. Being the leading global provider in the industrial automation and control business, Yokogawa is set to establish a foothold in Myanmar with our latest automation systems and a greater range of solutions and services covering the entire plant lifecycle."
"We will focus in establishing long-term partnerships with our customers through providing unsurpassed value-adding services to bring out the best of their plants for growth and profitability," he adds.
Equally enthused about the prospects the show will bring to businesses, Mr. Ryan Ng, General Manager (Far East & Australia) of Schulz (Far East) says, "Schulz is excited about the potential of Myanmar's oil and gas industry. Myanmar is one of the world's oldest hydrocarbon producers. As production conditions get tougher, the requirements for pipes and fittings get more stringent and demanding. As such, Schulz is well positioned to meet these demands with our high grade materials and advance manufacturing technologies. Oil & Gas Myanmar 2014 is a good venue to showcase our capabilities and technologies to existing and future clients."
Ms. Banu Kannu, General Manager, Marketing Ship Power at Wartsila Shanghai Service shares the same sentiments. She says, "At Wartsila we believe that Myanmar is a new and exciting market, especially when it comes to the oil and gas industry. Being leaders in innovative and efficient technologies that support upstream, midstream and downstream oil and gas sectors, we are confident there is huge potential in Myanmar for us. Oil & Gas Myanmar 2014 will be a good platform for us to meet the major players in the market and find out what the situation on the ground is. We are looking forward to our participation and wish the event every success."
Exhibition at a glance:
Show: Oil & Gas Myanmar 2014
The Oil & Gas Exploration, Production and Refining Exhibition
Date: 15 - 17 October 2014
Venue: Myanmar Convention Centre, Yangon
Opening hours: 0900hrs - 1700hrs daily
Admission: Business and trade professionals only
Website: www.OGMyanmar.com
[1] http://bit.ly/1vwNcDv
[2] http://bit.ly/1B8diNj
Contact:Patricia Yee
PR Executive
Singapore Exhibition Services
Tel: +65 6233 6637
Email: patricia.yee@sesallworld.com
Source: Oil & Gas Myanmar
Sectors: Gas & Oil
Copyright ©2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network. |
Latest Release
CaoCao Inc. (2643.HK) Added to Hang Seng Composite Index, Set to Join Hong Kong Stock Connect on Sept 8
Aug 22, 2025 19:51 JST
| 
CITIC Resources Deepens Dual Driver Development Strategy of "Investment + Trading"
Aug 22, 2025 19:28 JST
| 
China International Development Corporation acquires strategic 20% stake in NVT
Aug 22, 2025 09:22 JST
| 
TANAKA PRECIOUS METAL GROUP and TANAKA MIRAI Lab. Successfully Carries Out Space Protein Crystallization Experiments
Aug 22, 2025 03:00 JST
| 
NEC digital technologies to empower small-scale producers in Africa in partnership with IFAD
Aug 21, 2025 20:32 JST
| 
Sharp Corporation and Sharp Energy Solutions Corporation Sign Memorandum of Understanding with Mitsui O.S.K. Lines, and AAR Japan for Donation of Solar Modules to Kenya
Aug 21, 2025 20:15 JST
| 
Aiming to Build Battery Ecosystem, Toyota and Mazda Start Tests of Energy Storage System Using Electrified Vehicle Batteries
Aug 21, 2025 19:50 JST
|
NEC signs Memorandum of Cooperation with the Senegalese government, CFPT-SJ, JICA, and four Japan-based companies for vocational training in Senegal
Aug 21, 2025 19:27 JST
|
Sharp Corporation and Sharp Energy Solutions Corporation Sign Memorandum of Understanding with Mitsui O.S.K. Lines, and IOM to Advance Cooperation through Renewable Energy
Aug 21, 2025 19:07 JST
| 
Kingsoft Announces 2025 Interim and Second Quarter Results
Aug 21, 2025 12:16 JST
|
NEC develops robot control technology using AI to achieve safe, efficient autonomous movement even at sites with many obstacles
Aug 21, 2025 10:39 JST
| 
Hengdeli Announces 2025 Interim Results
Aug 20, 2025 20:52 JST
| 
Emperor W&J Announces 2025 Interim Results, Revenues from Hong Kong and Mainland China Increase by 9% Respectively
Aug 20, 2025 20:00 JST
| 
Honda Establishes New Subsidiary in India for Retail Financing Services
Aug 20, 2025 18:15 JST
|
Sharp Introduces Conversational AI Character "Poketomo"
Aug 20, 2025 16:22 JST
| 
Collaborate with BNI, JCB Launch the 1st JCB Corporate Card in Indonesia
Aug 20, 2025 16:00 JST
|
NEC collaborates with WFP to strengthen cooperative development in Africa
Aug 20, 2025 15:53 JST
| 
Hitachi High-Tech and NOF Metal Coatings use materials informatics to improve the efficiency and sophistication of research and development work
Aug 19, 2025 16:38 JST
|
NEC and ClimateAi Develop Conceptual Model to Promote Climate Change Adaptation in Agriculture
Aug 19, 2025 11:33 JST
| 
Value Research Center to host The Valuism Conference 2025 on August 28-29 (Hybrid Format)
Aug 19, 2025 11:00 JST
|
More Latest Release >>
|