Bangladesh: Bidding for Offshore Blocks Soon

Monday, May 14, 2007
The third round of bidding for allocation of the proposed 27 offshore blocks to the international oil and gas companies for hydrocarbon exploration is likely to be held next month, according to a report on www.energybangla.com. The Energy and Mineral Resources Division, in a major development, asked Petrobangla this week to go for direct bidding for all 27 mid- and deep-sea blocks, shelving the decision whether to go for the third round of bidding for allocation of half the blocks and to go for speculative seismic survey for the rest. (Source: www.energybangla.com)

Contracts

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

Offshore

DNV GL Backs John Laing on First Offshore Wind Investment

DNV GL successfully completed its due diligence work of the offshore wind farm “Nordergründe” in the North Sea, reviewing and quantifying the technical risks of the project.

GoM Operators Evacuating Ahead of Storm

Offshore oil and gas operators in the Gulf of Mexico are evacuating platforms and rigs in the path of Tropical Depression No. 9.   The Bureau of Safety and Environmental

New Offshore Gangway Launched at ONS

The new Barge Master Gangway will be presented at the joint booth of Barge Master and Bosch Rexroth during the international offshore trade exhibition ONS (Offshore Northern Seas) in Stavanger.

 
 
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