Parami Energy currently operates one onshore block, PSC-I, partnering with Jubilant Energy, and is a shareholder in one unitized offshore block, AD-3 and A5 (subject to Government approval) together with Ophir Energy and Chevron. Parami Energy is a compliant and transparent partner, employing many specialists and engineers to support the exploration and development of potential oil and gas reserves in the country. The organization is also engaged in production optimization initiatives in conjunction with international service companies in a bid to realize significant gains in legacy onshore oil fields.
PARAMI ENERGY SERVICES CO. LTD ( PES ), later changed its company’s name to Mandalay Petroleum Services. This company was founded in 2009 to develop services in oil and gas exploration, development and operations according to industry standards.
We provide services that include:
Drilling Rig and Related service is a subsidiary service under the Mandalay Petroleum Services. This service is provided by personnel who have more than 20 years of experience in the Oil and Gas Industry. We provide these services with high efficiency, technology, and high QHSE standards. The services provided are as follows:
We provide these engineering services:
Production Quality Services
Our Production Engineers can provide comprehensive services for private and public sector companies. We provide services:
Production Equipment can also be provided to Oil and Gas operators in the Myanmar Oil and Gas Industry. The equipment are as follows:
We provide other services in addition to those stated above. Some examples include casing for offshore blocks to providing pump units and drilling equipment. We provide bespoke services in accordance to the needs of our clients.
Parami Energy Development, one of the organizations of Parami Energy Group of Companies, takes care of oil and gas exploration task.
Parami Energy Development aims to be a leading energy player of oil and gas upstream sector and to become a regional and international exploration company in this arena.
Parami Energy Development has a dedicated and experienced E&P Team of over 15 people, comprising of Geologists, Geophysicist, Drilling & Production Engineers and Logisticians to take care of exploration and production activities in Myanmar. The team has deep understanding of the oil & gas fields of Myanmar.
Exploration & Development (Mining)