YANGON, Myanmar, Sept 30, 2014 - (ACN Newswire) - Myanmar's energy sector heralds a new era of transformation, triggering a swelling demand for industry support services. Held from 15 - 17 October 2014, the first edition of Oil & Gas Myanmar will kick-start the entry of international support services into the local oil and gas industry. The exhibition will play host to a multitude of international companies looking to introduce and expand their operations, products and services in Myanmar.
"Providing international businesses with a gateway to enter Myanmar's oil and gas industry, we will begin to see an influx of foreign companies; building and growing a more robust value chain of support services. Having released its oil and gas resources to the international market, many international firms are looking for local agents and partners, as well as setting up operations in Myanmar," says Ms. Carol New, Senior Project Manager for Engineering Events, of organiser Singapore Exhibition Services.
Set to be a key driver in kick-starting the presence of international firms into the local market, the inaugural edition of Oil & Gas Myanmar will play host to 130 exhibitors from 22 countries/regions, all eager to play a part in uplifting the Myanmar oil and gas sector.
Representing local oil and gas companies, the Myanmar Oil and Gas Services Society (MOGSS) welcomes the staging of Oil & Gas Myanmar 2014. Mr. U Kyaw Kyaw Hlaing, Chairman of MOGSS says, "The event not only creates access for international firms to enter Myanmar, but also for existing energy companies to engage and easily source for suppliers. The industry is certainly headed down a path of rapid growth and will need a healthy pool of support services and suppliers to thrive and prosper."
International companies moving into Myanmar
Yokogawa, the leading global provider in the industrial automation and control business is deepening its commitment in the country and is set to offer a greater range of solutions and services for Myanmar's oil and gas industry.
"Yokogawa has established our presence in Myanmar for more than 10 years and is committed to further establish the company as a long-term business partner in Myanmar's developments," says Mr. Sng Hee Meng, Executive Vice President of Yokogawa Engineering Asia Pte. Ltd. "Even as we see remarkable growth potential in Myanmar we know that the strength of our business is tied directly to the strength and sustainability of Myanmar's market."
Mr. Sng continues, "Yokogawa will set up a representative office in Yangon to provide technical expertise and engineering support to bring out the best of our customers' plants. Our certified service engineers will provide hands-on support and expertise, alongside our current appointed distributors, to organisations that are working to address the industry's urgent challenges for long-term development and growth of the industries. We will continue to build on our local capabilities to serve our customers better for a sustainable future."
LoneStar Triplefast a member of LoneStar Group, a global manufacturer and supplier of high performance fasteners, sealing and precision engineered components, is looking to develop business relationships with end users and EPCs operating in Myanmar. The company is also hoping Oil & Gas Myanmar 2014 will open doors to new potential distributors and clients while still demonstrating their high quality support and service to current clients with operations in Myanmar.
Mr. Andy Robinson, Director of LoneStar Triplefast says, "As an emerging market in Asia's thriving oil and gas sector, Myanmar is an exciting growth country. With huge estimated reserves and many of the international oil companies (IOCs) awarded blocks in the recent bidding round, it will be interesting to watch how things develop, and LoneStar Triplefast hopes to be part of that. Our high performance fasteners, sealing and precision engineering products are being used in some of the major projects in the Asia Pacific region, and we are ready to offer the same quality in Myanmar."
"At Oil & Gas Myanmar 2014, LoneStar Triplefast is looking to learn more about Myanmar's exploration and development future, and the business environment and culture specific to the country. In the long term, we see Myanmar as a key market in our growth plans for South East Asia," he adds.
Similarly, Pamarine, a leader in marine safety solutions headquartered in Singapore, providing safety, environmental and marine equipment and supplies is looking to expand their operations to Myanmar. Mr. Ho Gim Eng, Managing Director of Pamarine says, "The outlook for the offshore oil and gas industry in Myanmar is very positive, and with that arises an emerging maritime sector, and greater demand for maritime services and equipment. Pamarine is therefore looking to Myanmar as the next big market for us. Oil & Gas Myanmar 2014 is an ideal entry point to familiarise ourselves with Myanmar's business culture and explore potential business opportunities with the goal of securing local partners for future projects."
Exhibition at a glance:
Show: Oil & Gas Myanmar 2014
The Oil & Gas Exploration, Production and Refining Exhibition
Date: 15 - 17 October 2014, Wednesday to Friday
Venue: Myanmar Convention Centre, Yangon
Opening hours: 0900hrs - 1700hrs daily
Admission: Business and trade professionals only
Nyein Nyein Aye
Information Matrix, on behalf of Singapore Exhibition Services
Mobile: +95 9 430 39616
Office: +95 1 512887
Singapore Exhibition Services
Tel: +65 6233 6637
Topic: Trade Show or Conference
Source: Oil & Gas Myanmar
Sectors: Gas & Oil
From the Asia Corporate News Network
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