Bidding invited for oil, gas exploration in Bay

Petrobangla, the state-run Oil, Gas and Minerals Corporation, has invited international bids for exploring oil and gas in the Bay of Bengal.
The bidding was invited for exploring oil and gas in nine shallow-sea blocks and three deep-sea blocks, Petrobangla Director Muhammad Imaduddin told reporters on Sunday.
The international companies will have to submit bids between December 17, 2012 and March 18, 2013, the director added.