In early September 2017 Bahrain’s state-backed hydrocarbons entities made a major new tight oil and gas find in the Khaleej Al Bahrain basin. The discovery, which covers more than 6000 sq km, contains probable reserves of around 81bn barrels of oil and 14trn standard cu feet of associated gas.
Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...
In recent years the Bahraini authorities have taken steps to raise financing for the development of the kingdom’s energy sector, including the launch by nogaholding, the investment and development arm of the National Oil and Gas Authority (NOGA), of its first international bond programme and the announcement of a new national energy investment...
With a favourable mining code, yet largely untapped potential, Côte d’Ivoire has become an exploration hotspot in West Africa. In recent years many international companies have rushed to install operations, helping the country more than double gold production since 2012. However, having missed the booming mining years of the early 2000s due to...
In a bid to support the bottom line of state-owned oil producer Société Nationale d’Opérations Pétrolière de la Côte d’Ivoire (Petroci), the government decided to implement a financial and operational restructuring plan in 2015. A few years on and the strategy is bearing fruit, with Petroci set to post its third consecutive year of profits in...
As Côte d’Ivoire seeks to increase its power generation capacity to 6000 MW by the year 2030, the country is also aiming to diversify its energy mix, which at present is exclusively comprised of hydroelectric and thermal sources. To meet its 2015 commitment made at the COP21 UN Conference on Climate Change in Paris to reduce greenhouse gas...
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