How advanced is the development of the newly-announced oil and gas finds?
What is the status of the Bapco Modernisation Programme (BMP), and how prepared are suppliers, contractors and employees for this project?
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.
By utilising technology to maximise value from existing reserves and investing in exploration, Bahrain’s energy sector is working to maintain and even increase levels of oil and gas production. Efforts in this direction have been helped significantly by the recent discovery of a large-scale, unconventional oil and gas reserve, which could...
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...
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