Abdus Sattar new Chair of BAPEX board

The government has taken multi-layered approaches to strengthen the state-owned oil and gas exploration company, Bangladesh Petroleum Exploration and Production Company Limited, also BAPEX, to ensure the energy security of the country.

With this objective, ABM Abdus Sattar, principal secretary to the prime minister, has been appointed chairman of reconstituted board of directors of BAPEX, said a press release.

The other members of the board are Petrobangla Chairman Md Abdul Mannan, Public Administration Ministry Additional Secretary (APD Division) Md Akonur Rahman, Petrobangla Director (administration) and Joint Secretary SM Mahbub Alam, Energy and Mineral Resources Division Joint Secretary Monir Hossain Chowdhury, former Petrobangla Director (operations and mines) Md Kamruzzaman and BAPEX Managing Director Md Fazlul Haque.

Under the chairmanship of ABM Abdus Sattar, BAPEX has so far held five board meetings. During the meetings, the revised DPP of one project and the extension proposal for another project were approved in principle.

Simultaneously, to expand the scope of underground energy exploration in the country, decisions were made to conduct a 410 line-kilometer 2D seismic survey and a 2,110 square-kilometer 3D seismic survey.

Furthermore, to boost the country’s oil and gas production, approvals were granted for sequential activities according to the action plan to expedite the drilling and workover of 14 wells within the shortest possible time.

The annual general meeting of BAPEX is scheduled to be held on November 25.