Myanmar’s Ministry of Energy said on April 11th it would open bidding in June for petroleum operations on a production-sharing basis in 11 shallow and 19 deep-sea blocks in an effort to pull more foreign investment into the country’s oil and gas sector.
The Ministry of Energy's announcement, dated April 11, said “the potential bidders will be allowed to submit three proposals for any three offshore blocks [shallow water or deep water or both].”
The announcement said companies that won licenses for the 11 shallow blocks would have to work with at least one registered local partner, but foreign companies would be able to operate alone in the deep-sea blocks.
Analysis of Local Partner Requirements for Offshore Oil and Gas Myanmar 2013 VDB-Loi