Reliance Industries gains two blocks offshore Myanmar

Myanmar’s Ministry of Energy has awarded Reliance Industries (RIL) two blocks under the country’s 2013 offshore bid round.

Apr 17th, 2014

Offshore staff

MUMBAI, IndiaMyanmar’s Ministry of Energy has awarded Reliance Industries (RIL) two blocks under the country’s 2013 offshore bid round.

Blocks M17 and M18 span a total of 27,600 sq km (10,656 sq mi) in theMoattama basin, in water depths to 3,000 ft (914 m).

RIL will enter into production-sharing contracts which allows for initial preparation and study periods before committing to an exploration phase.

04/17/2014

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