Tullow Oil will be awarded block 5, while ConocoPhillips will get blocks 10 and 11.
“The government approved the leasing out of two deep-water offshore gas blocks to ConocoPhillips and one shallow water block to Tullow for oil and gas exploration in the untapped areas of the Bay of Bengal,” said Mohammad Muqtadir Ali, chairman of the Bangladesh Oil, Gas and Mineral Corporation (Petrobangla).
The two companies will avoid exploring sea areas that are in dispute because of overlapping with blocks of neighbouring countries India and Myanmar.
