State Minister for Power, Energy and Mineral Resources Aninda Islam Amit on Tuesday urged international oil and gas companies to participate in the Bangladesh Offshore Bidding Round 2026.
He made the call while addressing the Ministerial Address on the Strategic Stage of the two-day World Energies Summit in London, where he highlighted Bangladesh’s growing energy demand, offshore energy potential and improved investment framework.
The state minister also highlighted the government’s commitment to increasing the exploration and production of domestic gas and energy resources amid the country’s rapidly growing energy demand, according to a press release.
At the event, which will end on Wednesday, Bangladesh’s growing energy demand, offshore energy potential and improved investment framework were presented before international investors.
The state minister invited international oil and gas companies to participate in the Bangladesh Offshore Bidding Round 2026, under which a total of 26 blocks in the Bay of Bengal have been opened for investors, including 11 shallow-water blocks and 15 deep-water blocks.
Chairman of Invest Bangladesh Chowdhury Ashik Mahmud Bin Harun presented an overview of Bangladesh’s overall investment climate, highlighting macroeconomic stability, the growing momentum of investment and the government’s supportive policies for international investors.
The presentation also highlighted Bangladesh’s relatively unexplored offshore potential, availability of modern seismic data and the competitive commercial terms of the Offshore Model Production Sharing Contract 2026.
The Bangladesh delegation called upon international energy companies to review the geological and seismic data and directly contact the Bangladesh government and Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) to participate in the ongoing bidding round.
On the first day of the summit, the Bangladesh delegation also held meetings with four international oil companies on the sidelines.
During the meetings, the delegation highlighted the benefits of the ongoing offshore bidding round and requested the companies to participate in the bidding process.
On the final day of the summit on Wednesday, meetings will be held with four more major companies from around the world.
