Statoil, together with partner ConocoPhillips, has been awarded a deep-water exploration block in the Myanmar waters of Bay of Bengal.
Block AD-10 cover more than 9,000 square kilometres, and is located 200 km from the coast in water depths of approximately 2,000 metres.
The license has been awarded to Statoil and ConocoPhillips, each with a 50% equity share and with Statoil as the operator.
