Reuters: Bangladesh Says ConocoPhillips Seeking Gas Blocks
A senior Bangladesh energy official said ConocoPhillips is seeking exploration rights in six new deep-water gas blocks in the Bay of Bengal, Reuters news agency reported Sunday on its website.
The move follows a U.N. tribunal border ruling that cleared the way for more offshore oil and gas exploration in the area, the report said.
"The U.S. firm has expressed its willingness to get more blocks to explore oil and gas in the deep sea," the report quoted Muhammad Hussain Monsur, chairman of state-run Bangladesh Oil, Gas and Mineral Corp., or Petrobangla, as saying.
ConocoPhillips made no comment, the report said.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Operates 12 Offshore Rigs
- Exxon, BP Targeted in NYC Suit That Relies on 'Nuisance' Theory (Jan 10)
- ConocoPhillips Vows Financial Discipline As Aims To Boost Output (Nov 08)
- ConocoPhillips' Profit Beats Estimates, But Budget Cut 10% (Oct 26)