Italian oil and gas company, Eni Spa begun it exploratory drilling at onshore block RSF-5 in Magwe Region

Italian oil and gas company Eni Spa has begun exploratory drilling at the Shwe Nan Htike Well 1, located in the onshore block RSF-5, in Magwe Region, the Ministry of Electricity and Energy (MOEE) announced.

The ceremony to begin drilling at the well, located near Aung Myay Kone village, in Magwe, was attended by Deputy Minister of Electricity and Energy U Tun Naing on Monday.

The MOEE is partnering with international companies to explore onshore and offshore blocks to boost oil and gas production in the country.

Myanma Oil and Gas Enterprise and Eni Myanmar BV started 3D seismic studies in the block in 2017 and completed the preliminary work in 2018.

Based on result of the measurement, a well measuring some 3,800 metres deep will be drilled at the site to test sand layers where oil and natural gas could be found said the MOEE.

The work is being carried out in accordance with the recommendation of the environmental, social and health impact assessment and is focusing on minimising environmental impacts, said U Tun Naing.

A production sharing agreement for the RSF-5 block was signed between ENI and the ministry in 2014. – Translated

(The Myanmar Times: https://www.mmtimes.com/news/exploratory-drilling-begins-onshore-block-magwe.html )

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