Finance & Projects
Mining, Oil & Gas
Upstream, midstream and extractive industry work — production sharing, licensing, farm-ins and asset transactions.
- Chambers Asia-Pacific 2026 · Ranked, Projects & Energy
Bangladesh's hydrocarbon sector is organised around production sharing contracts with Petrobangla and its operating companies, with the Ministry of Power, Energy and Mineral Resources above them and the Bangladesh Energy Regulatory Commission regulating downstream tariffs. Mineral extraction operates under its own licensing regime.
We advise international operators, service companies and financiers on licensing and PSC terms, farm-in and farm-out transactions, asset acquisitions and disposals, joint operating arrangements, and the regulatory and tax consequences of each.
How we help
- Production sharing contract advice and negotiation support
- Farm-in, farm-out and participating interest transfers
- Upstream asset acquisitions and disposals
- Joint operating agreements and unitisation
- LNG import, terminal and regasification arrangements
- Mining licences, leases and extractive permitting
Representative matters
- Bangladesh counsel to Ophir Energy on its acquisition of Santos' Bangladesh exploration assets.
- Represented Zhenhua in a USD 2 billion bid for three gas fields.
- Advised Mitsubishi on potential LNG asset acquisitions in Bangladesh.
Mandates in this practice
IFC and Excelerate Energy · Transaction counsel
Floating storage and regasification LNG terminal at Maheshkhali — the country's first LNG terminal, including PPP transaction advisory, project development and permitting
Mitsubishi · Local counsel
Advice on the potential acquisition of LNG assets in Bangladesh
Ophir Energy · Local counsel
Acquisition of Santos' Bangladesh exploration assets, and the subsequent Medco transaction
Zhenhua · Bidder's counsel
Bid for three gas fields
Our writing on this
- Clean energy in Bangladesh's power sector: the regulatory path to 2030
Bangladesh has committed to sourcing a meaningful share of aggregate generation from clean energy by 2030. The regulatory architecture to deliver it is only partly built — and the gaps are where sponsors take risk.