Companies are eyeing the country for its conventional and unconventional shale potential.
The company plans includes drilling 650 development wells in the Raniganj East Block.
Projects include the Bokor, Ophir, Tembakau-2 and Marjoram-1 developments.
China is widely believed to have the world’s largest technically recoverable shale gas resources.
KrisEnergy, Mubadala Petroleum, SapuraKencana Petroleum and Carnarvon Petroleum are pushing plans forward.
Eni signed two production-sharing contracts with Petrovietnam for the exploration of blocks 116 and 124 located off the coast of Vietnam.
The Enping 24-2 oil field has commenced production.