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Petrobangla Forms Committee to Probe IOCs' Lack of Interest in Exploring Offshore Blocks in Bay
Energy & Power
|EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Petrobangla has formed a high-powered committee to pinpoint the actual reasons behind the international oil companies (IOCs) snubbing the much anticipated offshore bidding round for which it floated a tender last March, initially with a 6-month deadline, that eventually got extended to 9 months.
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Engr. Md. Rafiqul Islam, Director with responsibility for the Production Sharing Contract (PSC) - that was modified specifically to make it more attractive to IOCs before the tender has been made the head of the committee, according to Petrobangla officials.
Cette histoire est tirée de l'édition EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025) de Energy & Power.
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