Myanmar plans offshore oil exploration with Vietnam

Myanmar's state oil company is to explore offshore oil and gas in a joint venture with two Vietnam companies, state media reported Saturday.
It allows the companies to explore supplies in the Gulf of Martaban, south of Myanmar in the Andaman Sea.
Myanma Oil and Gas Enterprise of the Ministry of Energy signed the deal Tuesday with Petrovietnam Exploration Production Corporation Ltd and Joint Venture Vietsovpetro of the Vietnam and Eden Group Co Ltd of Myanmar, the New Light of Myanmar newspaper said.
It allows the companies to explore supplies in the Gulf of Martaban, south of Myanmar in the Andaman Sea.