Myanmar will invite tenders for open offshore blocks by the end of the year, according to Daw Khin Htay, director of state-owned Myanmar Oil & Gas Enterprise (MOGE).
Myanmar will invite tenders for open offshore blocks by the end of the year, according to Daw Khin Htay, director of state-owned Myanmar Oil & Gas Enterprise (MOGE).
She told a July 13 press conference the Ministry of Electricity and Energy, of which MOGE is a department, will invite tenders for 13 offshore areas not currently under license, according to a Myanmar Times report.
A block map on the ministry website shows 12 open offshore blocks and 38 offshore areas under license.
In a change from past practice, oil and gas companies from outside Myanmar will be encouraged but not required to form joint ventures with local companies, the director said.