Offshore oil, gas exploration: No foreign Cos submit tenders9 Dec 2024 13:45
I’m guessing this is because the government will want the tenders to be as cheap as possible, but the companies run the risk of not being paid for months on end!
Offshore oil, gas exploration: No foreign Cos submit tenders
“ Although the deadline for submitting tenders for offshore oil and gas exploration in the Bay of Bengal ended at 1:00 pm today, Monday, none of the companies submitted tenders.”
According to sources at the Petrobangla, US-based multinational gas and oil companies ExxonMobil Corporation and Chevron Corporation, Malaysia’s PETRONAS Chemicals Group, Norwegian-France joint venture TGS-Schlumberger, Japanese firm Inpex Corporation and Japan Organization for Metals and Energy Security (JOGMEC), China National Offshore Oil Corporation (CNOOC), Singapore-based KrisEnergy, India’s Oil and Natural Gas Corporation Crude have shown interest at various times and have contacted Petrobangla. Of them, ExxonMobil, Chevron, Inpex and JOGMEC purchased data on multidimensional surveys, but none of them participated in tenders.
https://en.prothomalo.com/amp/story/business/local/bsc5wawd88