A court has ruled it was illegal for a UK North Sea production vessel to be imported, beached and broken down on a notorious beach in Bangladesh.
North Sea oil and gas operators have slashed offshore downtime by more than 30%, according to a new index provided by an energy services firm.
Chevron has announced plans to sell its Bangladesh companies. The California-based firm said its subsidiary Chevron Global Ventures had agreed to sell shares of its subsidiaries operating in Bangladesh to Himalaya Energy. Chevron Bangladesh operates the Bibiyana, Jalalabad and Moulavi Bazar fields.
Bangladesh is to have Chevron Corp's in-country natural gas reserves assessed before making a formal bid to buy the assets, according to reports.
The scrapping of an oil and gas vessel that wound up on a scrapyard beach in Bangladesh has been delayed, a news report said.
The Offshore Coordinating Group (OCG) has hit out at the decommissioning of a giant oil and gas vessel after it was found languishing on a Bangladesh beach.
A vessel which was once docked by the Riverside Stadium in Middlesbrough has ended up beached in Bangladesh.
Oil & Natural Gas Corp., the largest Indian oil and gas explorer, and Hong Kong-listed United Energy Group Ltd. are among bidders for Bangladesh natural gas assets being sold by Chevron Corp., people with knowledge of the matter said.
Engineering services firm Penspen has been awarded a contract worth $4.3million from Gas Transmission Company Limited (GTCL), under the Ministry of Power, Energy and Mineral Resources of Bangladesh.