FAR Oil and Gas Ltd. completes acquisition of RMM

Full Lifecycle Capabilities for the Energy Industry

We aim to deliver comprehensive solutions that include exploration, production, and transportation, offering full lifecycle capabilities tailored to the energy industry. Our commitment ensures the seamless management of operations, spanning from resource discovery to distribution.

Contact Us
iori

Exploration

Uncovering new energy reserves through advanced techniques and drilling operations in Bangladesh's dynamic exploration sector.

Production

Efficiently extracting and processing energy resources to meet growing demand and fuel Bangladesh's development and progress.

iori
iori

Transportation

Establishing robust pipeline networks for the seamless transportation of energy resources to consumers across challenging geographies.

Unmatched Expertise in Energy Solutions

With a successful track record in the energy industry, our team brings substantial expertise in both onshore and offshore drilling, pipeline infrastructure, gas transportation, LNG, and crude oil imports. These professionals have played pivotal roles in shaping the current infrastructure of Bangladesh's oil and gas sector, holding key positions within various government corporations. Committed to excellence, we exclusively collaborate with top-tier industry experts, placing a paramount emphasis on expertise and efficiency in our member selection process.

iori

Onshore Drilling

Our focus extends to onshore drilling, where we have curated a team with a history of excelling in efficiently extracting oil and gas from land-based wells using world-leading techniques. Showcasing our commitment to achieving industry eminence.

iori

Offshore Drilling

We are prepared to face the challenges and explore offshore drilling opportunities, tapping into valuable reserves beneath the seabed and utilizing cutting-edge technologies to meet the growing demands of Bangladesh's economy. Our dedication to excellence guides us in approaching offshore drilling with precision, innovation, and a sustainable mindset.

iori

Pipelines

We aspire to be a top pipeline infrastructure development company in Bangladesh, ensuring seamless transportation of oil and gas, and connecting production sites with consumers across the country.

iori

Gas Transportation

We are well-equipped to establish a comprehensive network for transporting natural gas through diverse channels, including pipeline and marine transportations; ensuring a secure and reliable energy supply to consumers and institutions across the nation.

iori

LNG Imports

Leveraging our logistical prowess, we're positioned to facilitate the importation of liquefied natural gas to meet growing energy demands.

iori

Crude Oil Imports

Our company has the capabilities to import crude oil efficiently, ensuring a steady supply to support economic growth and development.

Advancing the Energy Sector in Bangladesh

The future of energy production in Bangladesh is bright, with plans for extensive drilling of gas wells, seismic surveys, and construction of pipelines. These initiatives will significantly boost gas reserves and ensure sustainable energy for the nation's development.

iori
Exploration

Bangladesh is intensifying seismic surveys and drilling operations to uncover new gas reserves for future energy needs.

iori
Production

Extensive drilling projects and pipeline construction aim to significantly boost gas production for domestic and industrial consumption.

iori
Production

100 Wells in Bhola with 20 Trillion Cubic Feet of Reserves

The government has set ambitious energy plans for Bhola include drilling 100 wells with 20 trillion cubic feet of reserves, alongside further exploration for additional resources and offshore drilling initiatives for increased gas production

Transportation

295 km Maheshkhali-Matarbari Pipeline by 2029

New LNG pipeline to supply 1,800mmscfd for power, fertilizer, industrial units by 2029, pending approval from the Planning Commission.

Expanding The Sector
Between 2025 and 2028

100+

Wells to
Explore and Drill

1000+

MMSCFTD
to be Exacted

15+

Deep Offshore
Blocks

9+

Shallow Offshore
Blocks

Our Leadership

Equipped with Decades of Experience

Lt. Gen. A H S Hasan

Chairman

Lieutenant General Ataul Hakim Sarwar Hasan is a distinguished military leader and former Chief of General Staff, Bangladesh Army. With a robust educational background and extensive command experience, he exemplifies leadership and professionalism. His career spans various key roles, including General Officer Commanding of two Infantry Divisions, Commandant of the National Defence College and Vice Chancellor of Bangladesh University of Professionals.

His international engagements and academic pursuits reflect a commitment to global peacekeeping and scholarly endeavors. Recognized for his military service with prestigious honors, he is an able leader. As Chairman of FAR Oil & Gas Limited, his strategic vision promises continued success in the energy sector.

Raiven Hasan

Managing Director

Raiven Hasan is a highly accomplished professional in Investment Research and Analysis, showcasing an advanced understanding of financial markets and meticulous attention to detail. With a Bachelor's degree in Actuarial Science and Mathematical Economics, he possesses a solid academic foundation.

His inventive nature and critical thinking skills allow him to identify fresh opportunities and amplify returns across various markets. As Managing Director and CEO of FAR Asset Management Ltd., founder of Shanta Life Insurance PLC, and a shareholder and director in several other ventures, his leadership and investment prowess prove invaluable to FAR Oil & Gas Ltd.

MD Abdul Baki

Advisor

MD Abdul Baqi, a geology expert with 38 years of experience in Bangladesh's energy sector, served as the Managing Director of Bangladesh Petroleum Exploration & Production Company Limited and Technical Advisor to Gazprom International (Russia). His roles included overseeing seismic data analysis, well site geology, and reservoir management.

His contributions led to notable gas discoveries, earning him industry recognition and awards. He holds a Master of Science in Geology and has published technical papers on sedimentary structures and hydrocarbon prospects. His commitment to advancing Bangladesh's energy landscape underscores his enduring professional legacy.

MD Amzad Hossain

Advisor

MD Amzad Hossain, a mechanical engineer with degrees from Dhaka University and the National University, embarked on a distinguished career in Bangladesh's energy sector. Beginning in 1976, he trained with experts from the USSR, later expanding his expertise through training in the USA, Russia, and China.

His roles evolved from Assistant Engineer Drilling to General Manager, overseeing diverse projects including the Shahbajpur Gas Field development. Serving as Director Operation and Managing Director of Bangladesh Petroleum Exploration & Production Company Limited, his leadership garnered approval from the government.

Core values

At FAR Oil & Gas, our core values guide every aspect of our operations, ensuring excellence and reliability in all that we do

  • Integrity

    We maintain an unwavering commitment to honesty and transparency, adhering to the highest standards. By fostering trust among stakeholders and partners, we strive to cultivate lasting relationships.

  • Innovation

    We embrace creativity and forward thinking to drive continuous improvement and stay at the forefront of technological advancements in the oil and gas industry.

  • Safety

    The safety of our employees, communities, and the environment is paramount in all our endeavours, and we are committed to maintaining the highest safety standards.

  • Environmental Stewardship

    We prioritize environmental protection, integrating sustainable practices into our operations to minimize our ecological footprint and preserve natural resources for future generations.

  • Social Responsibility

    We actively contribute to the well-being of the communities where we operate, supporting local initiatives and investing in social development projects to create lasting positive impacts.