 | BAPEX moves to hunt gas in onshore blocks
21 November, 2010
State-owned petroleum exploration firm BAPEX has taken a massive gas hunt programme in the country's untapped onshore gas blocks as it is going to appoint foreign contractor for the exploration works, officials said Saturday.
"The seismic survey at the untapped gas blocks in the country's western region would be started next year. Foreign contractor will conduct seismic survey," BAPEX Managing Director Murtoza Ahmed Farooq told the FE.
He said, "we have already evaluated bids of foreign firms that participated in the tender invited a few months back."
Cash-starved Bangladesh Petroleum Exploration and Production Company Ltd (BAPEX) would invest more than Tk2.00 billion to explore oil and gas at the block numbers 3, 6, 8 and 11 situated in greater Pabna, Rajshahi, Faridpur, Mymensingh and Manikganj districts.
"We are hopeful of finalising selection of the foreign company to conduct two-dimensional seismic survey in the next month (December)," Mr Farooq said adding the contractor will conduct survey is block numbers 3, 6 and 8.
Release link:http://www.thefinancialexpress-bd.com/more.php?news_id=117927&date=2010-11-21
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