Petrobangla (Bangladesh Oil, Gas and Mineral Corporation) initiated an international tender in March for offshore oil and gas exploration, following the approval of the revamped model production sharing contract (PSC). This marks a resumption of exploration tenders after a prolonged hiatus, with the bidding round set to conclude by September. A promotional seminar was organized on May 8 at a Dhaka hotel to spotlight this offshore bidding initiative. At the... »