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Petrobangla's pre-bid meet with IOCs today
Published : Thursday, 07 February 2013
FE Report
Petrobangla has arranged a pre-bid meeting today (Thursday) to clarify queries from the potential bidders that are interested to submit bids under the currently opened offshore bidding round.
The meeting will be held at noon and the international oil companies (IOCs) that have purchased tender documents over the bidding round have been invited to take part in it, Petrobangla Chairman Hussain Monsur told the FE.
US-based Chevron and ConocoPhillips and ExxonMobil and Anadarko Petroleum, Anglo-Dutch Shell Oil, Australian Santos, Statoil of Norway, Kris Energy of Singapore, Oil and Natural Gas Corporation (ONGC) of India, ENI of Italy, Mitsubishi of Japan and China National Offshore Oil Corporation (CNOOC) are among the IOCs that have purchased tender documents so far, said sources.
Petrobangla launched the new offshore bidding round titled 'Bangladesh Offshore Bidding Round 2012' for hydrocarbon exploration by the IOCs in the Bay of Bengal, offering 12 'dispute-free' oil and gas blocks on December 9, 2012.
The prospective bidder, whether individual or under joint venture, will be able to bid for one or more blocks in the bidding round.
But the individual or at least one member of the joint venture must have offshore daily production of at least 15,000 barrels of oil or 150 million cubic feet per day (mmcfd) of gas as operator to qualify for the bidding.
Petrobangla started selling the bidding documents, including Model Production Sharing Contract (MPSC), information package, promotional package and data package from December 17 last year.
The deadline for receiving bids from IOCs is March 14, 2013.
Petrobangla is eyeing to award the offshore blocks within June or mid-July this year. The shallow-water gas blocks put on offer are SS-02; SS-03; SS-04; SS-06; SS-07; SS-08; SS-09; SS-10 and SS-11. Three deep-water gas blocks offered are DS-12; DS-16 and DS-21.
The area of shallow-water gas blocks ranges from 4,463 square (sq) kilometres (kms) to 7,692 sq kms, while the deep-sea blocks range from 3,190 sq kms to 3,516 sq kms.
Water depth of shallow-water gas blocks ranges from three metres to 200 metres, while that of deep water ranges from 200-2,000 metres.
The blocks have been put on offer in line with the verdict from the International Tribunal for the Law of the Sea (ITLOS) that settled the maritime boundary dispute with neighbouring Myanmar.
None of the blocks disputed with neighbouring India will be offered in the bidding round, Monsur added.
Petrobangla has also offered two lately discovered shallow-water fields -- Kutubdia and Teknaf -- under a 'special package' for exploration in this bidding round.
Kutubdia has been tagged with SS-04 and Teknaf with SS-10 and the IOCs that will be awarded licence will have to explore the fields.
As part of the special package for the fields, licence holders will have to give state-owned Petrobangla an additional 5% of "profit-gas" to be produced, on top of Petrobangla's regular profit-sharing structure.
In the previous offshore bidding round in February 2008, Bangladesh had offered 28 offshore blocks. Of the total, 20 were in deep waters and eight in shallow waters.
The response to the offer was lukewarm, because of Bangladesh's maritime boundary disputes with Myanmar and India.
Petrobangla could award only two deep-water gas blocks partially to US's ConocoPhillips from the 2008 bidding round.
Financial Express :: Financial Newspaper of Bangladesh
@CaPtAiN_pLaNeT
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and all other nationalists feel free to comment.
Published : Thursday, 07 February 2013
FE Report
Petrobangla has arranged a pre-bid meeting today (Thursday) to clarify queries from the potential bidders that are interested to submit bids under the currently opened offshore bidding round.
The meeting will be held at noon and the international oil companies (IOCs) that have purchased tender documents over the bidding round have been invited to take part in it, Petrobangla Chairman Hussain Monsur told the FE.
US-based Chevron and ConocoPhillips and ExxonMobil and Anadarko Petroleum, Anglo-Dutch Shell Oil, Australian Santos, Statoil of Norway, Kris Energy of Singapore, Oil and Natural Gas Corporation (ONGC) of India, ENI of Italy, Mitsubishi of Japan and China National Offshore Oil Corporation (CNOOC) are among the IOCs that have purchased tender documents so far, said sources.
Petrobangla launched the new offshore bidding round titled 'Bangladesh Offshore Bidding Round 2012' for hydrocarbon exploration by the IOCs in the Bay of Bengal, offering 12 'dispute-free' oil and gas blocks on December 9, 2012.
The prospective bidder, whether individual or under joint venture, will be able to bid for one or more blocks in the bidding round.
But the individual or at least one member of the joint venture must have offshore daily production of at least 15,000 barrels of oil or 150 million cubic feet per day (mmcfd) of gas as operator to qualify for the bidding.
Petrobangla started selling the bidding documents, including Model Production Sharing Contract (MPSC), information package, promotional package and data package from December 17 last year.
The deadline for receiving bids from IOCs is March 14, 2013.
Petrobangla is eyeing to award the offshore blocks within June or mid-July this year. The shallow-water gas blocks put on offer are SS-02; SS-03; SS-04; SS-06; SS-07; SS-08; SS-09; SS-10 and SS-11. Three deep-water gas blocks offered are DS-12; DS-16 and DS-21.
The area of shallow-water gas blocks ranges from 4,463 square (sq) kilometres (kms) to 7,692 sq kms, while the deep-sea blocks range from 3,190 sq kms to 3,516 sq kms.
Water depth of shallow-water gas blocks ranges from three metres to 200 metres, while that of deep water ranges from 200-2,000 metres.
The blocks have been put on offer in line with the verdict from the International Tribunal for the Law of the Sea (ITLOS) that settled the maritime boundary dispute with neighbouring Myanmar.
None of the blocks disputed with neighbouring India will be offered in the bidding round, Monsur added.
Petrobangla has also offered two lately discovered shallow-water fields -- Kutubdia and Teknaf -- under a 'special package' for exploration in this bidding round.
Kutubdia has been tagged with SS-04 and Teknaf with SS-10 and the IOCs that will be awarded licence will have to explore the fields.
As part of the special package for the fields, licence holders will have to give state-owned Petrobangla an additional 5% of "profit-gas" to be produced, on top of Petrobangla's regular profit-sharing structure.
In the previous offshore bidding round in February 2008, Bangladesh had offered 28 offshore blocks. Of the total, 20 were in deep waters and eight in shallow waters.
The response to the offer was lukewarm, because of Bangladesh's maritime boundary disputes with Myanmar and India.
Petrobangla could award only two deep-water gas blocks partially to US's ConocoPhillips from the 2008 bidding round.
Financial Express :: Financial Newspaper of Bangladesh
@CaPtAiN_pLaNeT
@madx
@ShadowFaux
@Moander
@DURJOY
@RiasatKhan
@eastwatch
@animelive
@iajdani
@Banglar Bagh
@sepoi
and all other nationalists feel free to comment.
Last edited by a moderator:
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you can get away with murder in bd
