Which of the following is the first Indian private company to sign an accord with government of Myanmar for oil exploration in two offshore blocks in that country?

Reliance Energy

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Essar Oil

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GAIL

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ONGC

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Solution

The correct option is B Essar Oil
Essar Oil Limited (EOL) is the first Indian private company signed an accord with government of Myanmar in $2005$ for oil exploration in two offshore blocks in that country . The two contiguous exploration blocks viz. Block A2 and Block L are ideally located in a area which is between two gas blocks and also near the coastline (Rakhine coast lies along the eastern side) which provides excellent logistics support.

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