Bangladesh PM Approves Deep-Sea Oil Exploration Policy

Monday, November 21, 2005
The Prime Minister of Bangladesh approved the policy on the third round bidding for deep-sea hydrocarbon exploration in the country's exclusive economic zone in the Bay of Bengal, according to a Financial Express report. The policy will now be placed before the cabinet for its approval. The seismic surveys in deep sea up to 200 nautical miles into the Bay of Bengal will help locate hydrocarbon reserves, if there are any. After getting a reliable picture of energy potentials in the deep sea, the government would go for the third round bidding, according to the report. The Energy and Mineral Resources Division earlier prepared a draft policy outlining various strategies for the proposed third round bidding. After taking into consideration the pros and cons of the draft, a final policy was placed before the PMO for approval last week. Source: Financial Express

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Propulsion

Insights: Kunkel Weighs in on Propulsion Technology

LNG? Methanol as fuel? Hybrid systems? Tier 4? Reducing noise? Cutting emissions without crushing fuel economy? Marine News readers have questions and Bob Kunkel has answers.

A Sea Change in Waterjet Technology

Longtime waterjet propulsion equipment provider NAMJet introduces key advancements for the workboat sector. Back in 2011, when boat builder Birdon went looking

ATB Design Comes of Age

The emerging trend of marrying the design of an articulated tug and barge (ATB) to a particular propulsion system to maximize efficiencies of that system has, of late,

Offshore

Det Norske to Restore Production at Alvheim after Leak

Norwegian oil firm Det norske said it expected to reach full production at its Alvheim FPSO (floating storage, offloading and producing unit) overnight after a leak,

Damen Presents Decommissioning Vessels Concept

Damen Shipyards Group has announced its latest concept design: the Damen Decommissioning Series. The vessel will specialize in three core areas of the oil and gas

Cambodia Urged ASEAN to Avoid Words That Escalate Tension

Cambodia advised a grouping of South East Asian nations to avoid using words that "would escalate tension between China and the Philippines" in a weekend statement,

 
 
Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0542 sec (18 req/sec)