Petrobangla Company News

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Tokyo Gas Gets Bangladesh LNG Terminal Feasibility Study Contract
Thursday, July 27, 2017 Tokyo Gas Engineering Solutions Corp receives an order to conduct a feasibility engineering study.

Petrobangla Invites EOIs for 3 Offshore Exploration Blocks in Bay of Bengal
Friday, September 30, 2016 Petrobangla invites foreign companies to submit expressions of interest (EOI) for oil and gas exploration in three offshore blocks in the Bay of Bengal.

Excelerate Confirms Deal to Build Bangladesh's First LNG Import Terminal
Wednesday, July 27, 2016 Excelerate Energy confirms agreement to develop Bangladesh's first liquefied natural gas (LNG) import terminal.

Bangladesh Signs Deals with Excelerate Energy to Build Country's First FSRU
Tuesday, July 19, 2016 Bangladesh signs deals with Excelerate Energy to build the country's first floating storage regasification unit (FSRU).

ICSID Orders Petrobangla to Pay Niko $35M It Owed for Gas Deliveries
Tuesday, May 31, 2016 Niko Resources says the International Centre for Settlement for Investment Dispute (ICSID) has ordered Petrobangla to pay $35.3 million in amount owed to its indirect subsidiary for gas deliveries.

Petrobangla, Excelerate Sign Agreement to Build Bangladesh's First FSRU
Monday, April 04, 2016 Petrobangla and Excelerate Energy sign agreement to build Bangladesh's first floating storage and regasification unit.

Petrobangla to Ink Deals for Offshore Blocks Soon
Wednesday, August 07, 2013 Petrobangla plans to invite two foreign companies to sign agreements to explore 3 shallow water blocks in the Bay of Bengal.

Bangladesh Says Finds Oil Reserves Worth $5.5B
Monday, May 21, 2012 Bangladesh has discovered oil in 2 old gas fields in the country's northeastern region with an extractable reserve worth $5.5B, Petrobangla Chairman Hussain Monsur said.

ConocoPhilips Set to Start Seismic in Bay from Feb
Wednesday, December 14, 2011 Petrobangla has approved a plan by ConocoPhillips to conduct seismic survey in Bangladesh's offshore blocks in February amid hopes for a discovery of a large hydrocarbon structure in the Bay.

ConocoPhillips Signs PSC for Exploration in Bay of Bengal
Thursday, June 16, 2011 ConocoPhillips has signed a PSC with the Govt of Bangladesh and Petrobangla representing ConocoPhillips' first investment in Bangladesh.

Bangladesh Looks to the Sea for Energy Security
Thursday, August 06, 2009 Bangladesh is among a group of the world's poorest countries that may be sitting on top of untold oil and gas wealth, but can't exploit it due to ownership arguments.

Bangladesh Mulls Decision on Award of Offshore Gas Blocks
Wednesday, July 01, 2009 Bangladesh's prime minister has directed the energy division to send a proposal to award up to nine offshore gas blocks to ConocoPhillips and Tullow Oil.

Cairn Energy Drills New Production Well At Bangladesh Field
Thursday, May 03, 2007 Cairn Energy has finished drilling a new production well at its offshore Sangu field in Bangladesh, a senior official with state-owned Petrobangla said Thursday.