Overview

• • Oil production in Myanmar is more than 1,000 years old.
• • The first Crude Oil exported was in 1854.
• • The Burmah Oil Company discovered the onshore Yenangyaung oil field in 1887.
• • The O&G sector was nationalized in 1962.
• • State-owned, Myanma Oil & Gas Enterprise (MOGE) has the exclusive right to carry out all oil and gas operations with private contractors.
• • Investors should expect to enter into either a Production Sharing Contract (PSC) or an Improved Petroleum Recovery Contract (IPR) with MOGE when investing in an O&G project.
• • Currently, there are 17 onshore blocks and 20 offshore blocks in production.
• • The offshore Yadana (TOTAL, Chevron and PTTEP) and Yetagun (Petronas, PTTEP) natural gas projects started production in 1998 and 2000 respectively under gas sales contracts to the Thai state oil company PTT.
• • The Daewoo (Daewoo and three partners) natural gas project started production in June 2013. Natural gas produced is sold to CNPC.
• • The offshore Zawtika (PTTEP) natural gas project is targeted to commence production in late 2013 to PTT.

FPSO , LNG Technical Seminar –Myanmar (Burma) Due to advances in technology, LNG FPSOs are becoming a commercial reality with a number of projects now moving into the planning and development phases. Just some of the issues addressed at the LNG FPSO Technical Seminar include:

1. 1- Why is floating LNG so important and what is happening into today’s market?
2. 2- What are the technical complexities and risks associated with floating LNG?
3. 3- What are the critical drivers to LNG FPSO project development?
4. 4- What are the key design drivers for LNG FPSO topsides?

Key Legislation

Current legislation governing oil and gas in Myanmar includes nine principal laws:
The Myanmar Petroleum Concession Rules 1962. These laws are mostly based upon British Law Codes of the pre-independence Indian statutes.

Of equal importance in the Myanmar Oil &Gas upstream sector is:

1. 1- The State-Owned Economic Enterprises Law (under which MOGE is assigned responsibility for the E&P sector under PSCs with private companies), and,
2. 2- The Foreign Investment Law, Foreign Investments Rules, and MIC Notification 1/2013 (under which Permits are granted by the Myanmar Investment Commission (MIC) to approved terms and conditions of draft PSCs). The old petroleum laws deal mainly with rights characterized as concessions. Although the above-mentioned laws relating to petroleum are still applicable, in practice, investors generally enter into PSCs, Performance Compensation Contracts (PCCs), IPRs.

Agenda Who will you meet? , Vessel Owner/Vessel Operator, Oil Operator & Field Owners Shipyards & Shipbuilders, Service Providers/Subcontractors, Sponsorships Partners, Exhibition, Opportunities

(5) Reasons why delegates attended this event!

1. 1-A unique opportunity to hear from recognized industry experts who fully understand the technical complexities and risk areas associated with LNG FPSO project development.
2. 2-To enhance their knowledge of the challenges of safe offloading LNG and take away viable solutions.
3. 3-To gain a better understanding of the importance of high quality FEED and how this will benefit their project in the long run.
4. 4-To arm themselves with the tools to improve project planning and management.
5. 5-To get the latest information on codes, class and regulation to ensure their project meets standard requirements , FLNG Pre-treatment technologies, Optimize your gas treating facilities by getting the latest information on integrated solutions for offshore platforms

Roundtable Discussions

1. 1-Challenges and experiences with safety management.
2. 2-Safety in design for topside layout.
3. 3-Identify the key hurdles to project execution and delivery.
4. 4-Examine alternative project funding structures - from leveraging on export credit to equity fund raising

Highlights: Benefit by adding value to your LNG FPSO project:

• • Learn the latest on LNG FPSO development philosophies and strategies
• • Enhance your knowledge of the many facets of FLNG technology including liquefaction, gas processing, offloading and mooring options
• • Gain a comprehensive insight into the world of regulation and legislation
• • Identify the key safety considerations and solutions to mitigate risk
• • Analysis the key drivers for selecting and designing topsides
• • What's required for safe and reliable LNG offloading
• • Get the latest insights into successful project planning and development

Our connections are growing fast. Get the latest updates and news on FPSO industry for the bi-annual event in Myanmar (Burma).

Contact For more information on how we can help your organization with FPSO, FLNG , please contact: www.sunopec.com or email; sunopecenergy@gmail.com