Cairn Eyes Offshore Exploration in Bangladesh

Monday, January 23, 2006
Oil and gas firm Cairn Energy announced plans for further exploration and development drilling in Bangladesh's offshore gas field. Cairn Energy is currently operating Bangladesh's only offshore gas field at Sangu in the Bay of Bengal, off Chittagong port. In addition, Cairn is actively exploring in blocks 5 and 10, where new seismic data has been acquired, and is participating with Chevron in block 7, where a seismic campaign commenced recently. It has identified a new possible gas field at Char Jabbar under Noakhali district in block 10 with an indication of 2.8 tcf of gas reserves. Cairn also conducted seismic surveys at Meghnama and at Hatiya under the block 16. The possible gas reserve would be 3.5 tcf at Meghnama and 1.8 tcf at Hatiya, Reuters reported.

People & Company News

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

MN100: Conrad Shipyard

The Company: Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries,

Offshore

Onshore Spending on the Cusp of Recovery?

DW’s recently released quarterly World Oilfield Services Market Forecast (OFS) and World Oilfield Equipment Market Forecast (OFE) continue to suggest 2016 will

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Port Authority Salvage Ship Simulators 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: 0.0899 sec (11 req/sec)