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Economy

Petrobangla plans to acquire rigs for gas exploration

Petrobangla has announced plans to purchase rigs to support its upcoming gas exploration drilling schedule.

TBS Bangladesh ยท 20 September 2026, 10:00 AM

To facilitate its gas exploration efforts, Petrobangla is moving forward with plans to acquire drilling rigs. The state-owned entity has outlined a multi-year drilling schedule, aiming to drill 17 wells in the 2026-27 fiscal year. This will be followed by 30 wells in 2027-28, 33 wells in 2028-29, and 38 wells in the 2029-30 fiscal year.