The state-run energy exploration company, Bapex, has found extractable and economically viable oil in two oilfields abandoned two decades ago. The oilfields in Sylhet are able to produce at least 55 million barrels of oil, which could meet the country’s total demand for petroleum for more than two years, officials
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New gas ‘found’
Local explorer sees 80pc possibility of finding huge reserve in old Sylhet field A survey of national gas field of Rashidpur has raised high hopes of finding an additional one trillion cubic feet (tcf) of gas. This is a major development in a national gas field, a source of gas cheaper than that produced by ... Read more
Gas found in Sundalpur
Petrobangla hopes to get 10-12mmcf gas from the newly discovered field Petrobangla yesterday announced the discovery of a gas field by Bapex in Sundalpur of Noakhali while many parts of the country face a shortfall in gas supply. Petrobangla Chairman Hussain Monsur disclosed it at a press conference at its headquarters in the capital yesterday. ... Read more
Gas-field discovered in Noakhali by Bapex
The state-run Bangladesh Petroleum Exploration and Production Company after 15 years has finally discovered a new gas-field located at Sundulpur in Companyganj upazila under Noakhali district. Bapex, which is a subsidiary of the state-run Oil, Gas and Mineral Resources Corporation, Petrobangla, discovered the Saldanadi gas-field in 1996 in