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Myanmar plans offshore tender round
7/28/2018 10:25:00 PM

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.

Myanmar’s last tender round was in 2011.