Deal inked with Santos-Krisenergy for oil, gas exploration | The Daily Star
02:42 PM, March 12, 2014 / LAST MODIFIED: 01:53 AM, March 08, 2015

Deal inked with Santos-Krisenergy for oil, gas exploration

Deal inked with Santos-Krisenergy for oil, gas exploration

In this file photo, drilling equipment are seen kept at the prospective gas and oil site at Mubarakpur in Pabna district.
In this file photo, drilling equipment are seen kept at the prospective gas and oil site at Mubarakpur in Pabna district.

Australia-based Santos, Krisenergy (Asia) of Singapore and Bapex of Bangladesh today signed a joint venture agreement to explore oil and gas in the shallow sea Block 11.

The deal was signed with the government and Petrobangla, the state-owned oil company, at the latter’s office in the capital.

Under the deal, Santos and Krisenergy will invest US$ 15 million for a five-year initial period.

Stay updated on the go with The Daily Star News App. Click here to download it for your device.

Grameenphone and Robi:
Type START <space> BR and send SMS it to 2222

Banglalink:
Type START <space> BR and send SMS it to 2225

Leave your comments

Top News

Top News

Top