Showcasing expertise in energy and oil industry operations
Upstream Oil & Gas
Bayoil leads exploration, development, and production activities, focusing on enhancing mature fields and supporting new asset development through strategic partnerships.
Group Companies
Our diversified industry portfolio and active presence in both domestic and international markets enable us to tailor solutions that meet a wide range of strategic needs.
Engineering Excellence
We apply world-class engineering and field development methodologies to unlock production growth from both mature and undeveloped reservoirs.
The Story of Bayoil Enerji
Strengthening National Resources, Building Strategic Futures.
Our teams have led large-scale onshore redevelopment programs that rapidly increase output while ensuring operational safety and efficiency.
Industries
Network
Baysaş Holding partners with an internationally recognized consortium of experts and strategic solution partners (EMGS, Egesa, MindMons, etc.) to implement projects. This network facilitates the transfer of necessary international technical expertise and advanced technologies (including unconventional oil expertise from the US) into the country.
Technology
Conventional development focuses on rapid production gains through workover optimization and artificial lift in existing fields. Unconventional development unlocks production in shale zones using horizontal drilling and stimulation/fracturing techniques. Advanced technologies from partners like EMGS and MindMons include subsurface imaging and AI-supported production optimization platforms.
Energy
The group company Bayoil specializes in oil and gas exploration, development, and production. Baysaş Construction enables the deployment of solar farm capability to support power security for remote field operations.
Operate
Bayoil offers a complete turnkey solution, consolidating all critical functions within one integrated organization. The company commits to reinvesting 40% of total profit directly back into the country for economic development and infrastructure rebuilding.
Building & Architecture
Baysaş division enables rapid development of field infrastructure and facilities. The Group supports the rehabilitation and modernization of crude gathering systems, processing hubs, and export pipelines. This work is essential for stabilizing production flow and enabling large-scale national output increases.
Our Values
National Development Focus
We align our initiatives with the strategic priorities of the countries we work with, supporting local industry growth and workforce development.
Integrity & Compliance
We conduct all activities in accordance with international legal standards, regulatory frameworks, and ethical business practices.
Solar Energy
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It’s all about a dialogue
A few words, see our team stories for more.
Michael Scott Costello is the Group’s Chief Geoscientist and previously served as Shell’s Global Unconventional Exploration Manager for 30+ years makes him the most experienced person in this industry, leading large-scale resource evaluation and development programs across multiple continents. He integrates seismic, geological, and reservoir disciplines to guide optimized field development strategies. His leadership supports high-confidence decision-making, resource maximization, and efficient development execution in both conventional and unconventional basins.
Michael Scott Costello
Chief Geoscientist
Jose Alberto Torres Lima is a senior board member and technical advisor with extensive leadership experience in the upstream energy sector. He previously served as a Director at Petrobras, contributing to strategic oversight, investment evaluation, and long-term field development planning across global assets. He has led major onshore and offshore operational programs focused on drilling, completions, and reservoir optimization, ensuring technically robust and economically efficient project outcomes at Shell.
Jose Alberto Torres Lima
Board Member & Technical Excellence
Türk Muhlis Ünaldı is a board member specializing in subsurface evaluation, energy strategy, and cross-border energy development frameworks. He has led large-scale upstream projects, international JV negotiations, and technology deployment in both conventional and unconventional reservoirs. His work integrates technical insight with strategic partnership building and national resource development objectives.
Türk Muhlis Ünaldı
Board Member & Technical Excellence
