Day 1
08:30
Registration & Morning Coffee
09:00
Chairperson’s Opening Remarks
James Finch, Partner, DFDL Mekong Group
MYAMNAR OIL & GAS INVESTMENT LANDSCAPE |
09:10
Myanmar Asia’s Next Tiger Economy? – The Political, Economic and Investment Outlook
- Insight into the current economic and political scenario: Closed vs Open
- Update on the lifting of Western sanctions and its impact on oil & gas companies
- Examining the legislative development plans for the oil & gas sector
- What is Myanmar’s way forward?
Rajiv Biswas, Chief Economist Asia Pacific, IHS Global Insight
09:45
Update on Myanmar’s Oil & Gas Fiscal Regime & Tax Structure
- Detailed evaluation of Myanmar’s oil & gas fiscal terms
- Which fiscal terms are negotiable?
- Analysing the tax structure: Buy-side vs sell-side
- What are the latest fiscal developments to encourage investment?
James Finch, Partner, DFDL Mekong Group
10:30
Morning Tea & Networking Break
Special Feature Panel Discussion:
11:00
Developing a Promising Future for the Myanmar Oil & Gas Sector
- What are the key obstacles hindering Myanmar’s progress?
- How to prevent Myanmar from lagging behind?
- Role and expectations of Myanmar Oil & Gas Enterprise
- Addressing investor expectations
- Myanmar the next big thing in the oil & gas sector in the region
James Finch, Partner, DFDL Mekong Group
Rajiv Biswas, Chief Economist Asia Pacific, IHS Global Insight
Stuart Dechan, Group Manager: Sales, Marketing and Contracts, Hevilift
PRODUCTION SHARING CONTRACTS (PSCs) |
12:00
Key Issues for Foreign Investors in Myanmar Oil & Gas
Philip Thomson, Partner, Ashurst
Daniel Reinbott, Partner, Ashurst
12:45
Networking Lunch
OIL & GAS PROJECT RISK MANAGEMENT |
14:00
Managing Risk and Safeguarding Your Oil & Gas Project Investment in Myanmar
- Examining investment risks in Myanmar
- Key strategies to manage risk and safeguard oil & gas investments
- Investor expectations of Myanmar’s oil & gas investment climate
- Moving forward: Myanmar the next oil & gas hotspot?
Dane Chamorro, Director, Global Risks Analysis Asia Pacific, Control Risks
OIL & GAS MARKET OPPORTUNITIES |
14:45
Petroleum Geology of Myanmar
Peter Cockcroft
Dr. John Jacques, Founder & Managing Director, JMJ Petroleum
16:00
Afternoon Tea & Networking Break
HUMAN RESOURCE CAPABILITIES |
16:15
Conducting Successful Oil & Gas Business through the Development of Myanmar’s Human Resource Capabilities
- To what extent will the lack of skilled resource impede the oil and gas business?
- What are the current resourcing and training procedures in place?
- What are the challenges in developing the talent pool in Myanmar
- Are there government restrictions for using international labour?
- What is the impact of opening up of the market on labour force – Will Myanmar bring exiles back?
- Future plans for capability building in developing the oil & gas sector
KK Hlaing, Managing Director,
SMART Group of Companies
17:00
Chairperson’s Closing Remarks & End of Day One
Day 2
08:30
Morning Coffee
09:00
Chairperson’s Opening Remarks
James Finch, Partner, DFDL Mekong Group
OIL & GAS FIELD
DEVELOPMENT INVESTMENTS |
Government Address:
09:10
Increasing Oil & Gas Logistics Efficiency in Myanmar through Aviation Chartering
- Examining the current chartering options to the oil &gas sector in Myanmar
- What are the key challenges facing the oil & gas logistics industry in Myanmar today?
- How will aviation chartering improve oil & gas logistics in Myanmar?
- Future of aviation chartering in Myanmar’s oil & gas sector
Jason Minns , Group Manager Safety Standards and Quality Systems, Hevilift
09:45
Capitalise on Myanmar’s Deepwater Oil & Gas Potential through Advanced Technology & Equipment
- Annual SURF, SPS hardwear and drilling in APAC region to grow more than 500% and CAPEX for deep water projects to total $30bn in the next 5 years
- This move to deep water will require a new breed of Offshore Support Vessels to support the push for new oil
- IHC Merwede has the technology and equipment to help operators make the transition
Denis Welch, CEO, IHC Merwede
10:30 Morning Tea & Networking Break
11:00
Discover the Developments in E&P Projects in Myanmar’s Oil & Gas Sector
Moderator:
Kapil Malhotra, Managing Director, Total Solutions Group
Minn Minn Oung, Chairman, Silver Wave Energy Group
KK Hlaing, Managing Director, SMART Group of Companies
11:45
Oil & Gas E&P Developments in Myanmar: Opportunities & Challenges
- Updates on Myanmar’s oil & gas sector
- Key policies that have encouraged E&P Investment
- Major setbacks in enhancing E&P projects
- The future of E&P in Myanmar
James Finch, Partner, DFDL Mekong Group
Minn Minn Oung, Chairman, Silver Wave Energy Group
Jockai Khaing, Executive Director, Arakan Oil Watch
12:30
Networking Lunch
13:30
Half-Day Workshop:
Oil & Gas
Investment Potential in Myanmar & Future Developments |
- Myanmar's Oil a nd Gas I n dustry
- Regional Comparative Analysis
- Sanctions and Managing Political Risk
- Oil and Gas Investment – Emerging M a rkets
- Natural Gas – Future for Myanmar
- Concerns and Challenges for Upstream and Downstream Operators and Investors
Workshop Speakers:
Merrick White
Partner,
Clifford Chance
Merrick is a partner within our Singapore office with extensive experience in the oil and gas industry. In addition to his legal qualifications, Merrick is also a Chartered Chemical Engineer with over 20 years’ wide-ranging experience in the legal, commercial, business development and engineering aspects of the oil and gas industry. With fourteen years in Asia, Merrick has successfully developed major infrastructure projects and also spent six years working in an engineering and commercial role with British Gas Exploration and Production.
Marc Rathbone
Counsel,
Clifford Chance
Marc specialises in energy and infrastructure projects throughout Asia and Australia, with a wide range of experience in oil & gas, mining, power and petrochemical projects. Marc heads Clifford Chance's Myanmar Business Focus Group and the Vietnam Business Focus Group. He was seconded to Vietnam for an extended period of time and has extensive experience in all aspects of projects, oil & gas, power and petrochemical sectors in South-East Asia.
17:30 Chairperson’s Closing Remarks & End of Conference
Post-Conference Workshop
Friday, 31 August 2012 | 9 a.m. – 5 p.m. |
Successfully Doing Business in Myanmar’s Oil & Gas Sector
Workshop Agenda:
Regulation
- New Foreign Investment Law
- New Natural Environment Law
- Exploration Licensing Authority and License terms
- Contract Types (Production Sharing Contract)
- State Participation
- Domestic Market Obligation
- Rents, Bonuses, Royalty, Cost recovery, Profit oil, Petroleum and Corporate taxes
- Securing Project Financing Facility for Investment
Tax
- Deductions and Depreciation
- Withholding Tax
- Double Taxation Agreements
- Right to Transfer Foreign Currency
Infrastructure
- Oil fields, Refineries, Pipelines and Storage terminals in Myanmar
- Import Tax Exemption for Construction Materials for
Infrastructure
- Outsourcing Local Companies (Fabrication and Assembly of Onshore/offshore Structures, Pipeline Construction and Civil Engineering)
Culture
- Diversity of Companies in Oil and Gas Sector in Myanmar
- Local Stakeholders Activism
- Corporate Engagement in Project Areas
- Corporate Citizenship (Health, Education and Compensation for Acquired Land)
Human resource
- Training Local Labor Force
- Recruitment from Government Technical Colleges in States and Divisions
- Administrative Services and Custom and Immigration Service
for Foreign Employees
About Your Workshop Leaders:
Dr. Aung Thura
Chief Executive Officer
Thura Swiss Ltd
Dr. Aung Thura is the founder and CEO of Thura Swiss, a Myanmar-based research and consulting firm specialized in facilitating the market entry of foreign investors into Myanmar. Being a Myanmar national who grew up in Switzerland, Mr. Thura is very well connected in Myanmar and Europe. Before founding Thura Swiss, Dr. Thura worked for various Swiss banks in different roles. He was a structured products and exotic derivatives trader for many years. Mr. Thura has a M.Sc. in mechanical engineering from the Swiss Federal Institute of Technology in Zurich and holds a masterís degree in finance and a doctorate in banking from the University of St. Gallen in Switzerland. Dr. Thura has been invited as a guest lecturer to the Executive MBA program in Yangon and will hold seminars at the Union of Myanmar Federation of Chambers of Commerce and Industry in the coming months.
U Aung Khine Htun
Director, Head of Consulting and Technology
Thura Swiss Ltd
U Aung Khine Htun is the Director of Consulting and Technology, Thura Swiss Consulting Services Ltd, Yangon, Myanmar. He is responsible for research and consulting services to private businesses and banks in areas of market entry, capital markets and banking software. He has been working with foreign companies interested in operating in Myanmar and matching suitable business partners in Myanmar and advising on registration and legal issues. U Aung Khine Htun has a BSc in Management Information Systems from George Mason University, USA. He has 10 years experiences in technology consulting and project management. He has been studying Myanmar economy and market trends in different industries including oil and gas sector.
