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Petrobangla seeking foreign interest
State-owned Bangladesh Mineral Oil and Gas Corporation (Petrobangla) has invited foreign companies to submit expressions of interest (EOIs) for three offshore exploration blocks in the Bay of Bengal. Petrobangla seeks EOIs for deepwater blocks DF-10 and DS-11 as well as shallow-water block SS-10 under the country’s Speedy Supply of Power and Energy (Special Provision) Act, 2015. The DS-10 and DS-11 blocks became available in October 2014 after ConocoPhillips decided not to invest in drilling the exploration wells, following six years of negotiations with the Bangladesh government, says a Rigzone report.
News Item details
Journal title: Petroleum Review
Subjects: Oil, Deep water, Exploration and production, Oil wells, Energy policy
