118,813 km² OFFSHORE · 22 ONSHORE BLOCKS
From proven onshore gas basins to deep-water offshore plays in the Bay of Bengal, Bangladesh offers a portfolio of exploration and production opportunities matched by few jurisdictions in South Asia.
Following Bangladesh’s maritime boundary victories, 28+ offshore blocks across the shallow shelf and deep water are available under successive bidding rounds. Seismic surveys confirm turbidite fans, structural traps and stratigraphic plays — analogous to proven plays in India, Myanmar and Thailand.
22 onshore blocks across the Sylhet, Surma, Comilla and Bengal basins offer new field discoveries and near-field appraisal opportunities. The Bengal Basin is considered significantly underexplored relative to its geological prospectivity — well density remains far below comparable Asian basins.
Bangladesh faces a critical domestic gas supply deficit: current production of ~2.5 BCF/day meets less than 80% of demand. By 2030 the shortfall is projected to exceed 1.5 BCF/day. New gas discoveries are a national priority — offering IOCs exceptional commerciality under guaranteed offtake frameworks.
Installed power capacity is growing from 25,000 MW (2023) to a target of 60,000 MW by 2041. Gas-fired plants require reliable feedstock — new upstream investors enter a market with government-guaranteed gas purchase agreements and predictable revenue streams.
Barapukuria (NW Bangladesh) holds 390 million MT of proven coal reserves; the adjacent Phulbari deposit holds an estimated 572 million MT. Industrial minerals include silica sand, glass sand, hard rock aggregates, and Cox's Bazar heavy mineral sands (titanium, zircon, ilmenite).
BAPEX has conducted extensive 2D and 3D seismic surveys. Modern reprocessing of legacy data, acquisition of new multi-client surveys and the application of modern exploration technologies represent immediate value-creation opportunities for specialist firms.
Redundant extraction infrastructure and three-deep operational backups mean you get what you ordered, the day you ordered it.
Independent assay at every handoff — loading, transfer, and delivery. Certificates issued per batch, archived for seven years.
Private structure, lean overhead, direct production ownership — priced for long-term industrial procurement, not spot-market speculation.
Senior petroleum engineers on staff. Advisory services included for customers running combined-cycle, steam, or direct-fire systems.
Operating to ISO 14001 and Bangladesh Department of Environment standards, with emissions reporting disclosed to every customer annually.
Bangladeshi-owned, Bangladeshi-operated. Our customer relationships are long, our decision-making is local, and our commitment is to grow alongside you.
Competitive Production Sharing Contracts with cost-recovery provisions, fiscal stability clauses and international arbitration rights.
Full repatriation of profits, dividends and capital guaranteed under the Foreign Private Investment Act and bilateral investment treaties.
Tax holidays for new investments, customs duty exemption on exploration equipment, and preferential treatment under energy sector policy.
International arbitration recognised; Bangladesh is signatory to ICSID, UNCITRAL and the New York Convention for enforcement of awards.
Whether you’re an IOC evaluating entry, an oilfield services provider seeking local representation, or an investor exploring mineral opportunities — we want to hear from you. Replies within one business day with a named principal contact.
