Bangladesh considering ExxonMobil pitch to explore untapped deepwater hydrocarbon blocks

Bangladesh is considering a proposal from ExxonMobil to explore the country’s untapped deepwater hydrocarbon blocks under a new production-sharing contract model, as well as carry out oil and gas exploration in some onshore blocks, Petrobangla chairman Zanendra Nath Sarker told S&P Global Commodity Insights. ExxonMobil is also in talks with government officials to secure exploration rights over all 15 deepwater…

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