The government is offering a total of 11 onshore and offshore blocks.
Companies are eyeing the country for its conventional and unconventional shale potential.
The company plans includes drilling 650 development wells in the Raniganj East Block.
Projects include the Bokor, Ophir, Tembakau-2 and Marjoram-1 developments.
China is widely believed to have the world’s largest technically recoverable shale gas resources.
CNOOC Ltd. made a mid-to-large new discovery in the Jinzhou 23-2 structure in Bohai offshore China.
Eni signed two production-sharing contracts with Petrovietnam for the exploration of blocks 116 and 124 located off the coast of Vietnam.
The Enping 24-2 oil field has commenced production.
KrisEnergy Ltd. has chartered the Rubicon Vantage FSO vessel and a catenary anchor leg mooring (CALM) buoy for the Wassana oil development in the G10/48 license area in the Gulf of Thailand, a news release said.
BP and the Tangguh partners have awarded two consortia onshore FEED contracts for the Tangguh Expansion Project (Train 3).
McDermott International Inc. was awarded a transportation, installation and precommissioning contract by a subsidiary of Petronas for the Bukit Tua Development Project.
The contract is for a period of four years with the option to extend the contract for an additional year.
MacGregor has won new contracts that will see electrically-driven versions of its mooring systems fitted to two new tender assist drilling rigs for Thailand-based Mermaid Maritime Public Co. Ltd., a news release said.