BAHRAIN IN DISCUSSIONS WITH IOCS TO DEVELOP NEW OIL FIND IN SECOND HALF OF DECADE

  • 30/11/2021

Bahrain: An official told S&P Global Platts on Nov. 30 that Bahrain is in talks with international oil companies to help develop the Khalij al-Bahrain oil find, a project that is expected to start in the second half of this decade due to the complexity of the structure and the need for technology and financing.


The Persian Gulf island nation made headlines in 2018 when it announced the discovery of the vast Khalij al-Bahrain reservoir off its west coast, which it said could hold up to 80 billion barrels of tight oil, making it the largest oil discovery since the 1930s. Nogaholding, a state-owned energy company, has drilled two wells in the field and is currently analysing geoseismic data, according to its CEO Mark Thomas.

Related News

POPE FRANCIS IN BAHRAIN NEXT MONTH
  • 20/10/2022
BAHRAIN IS INTRODUCING NEW SYSTEM TO REPLACE FLEXI-WORK PERM ...
  • 07/10/2022
ACTION AGAINST TWO PEOPLE FOR CREATING FORGED ENGINEERING CE ...
  • 21/07/2022
FOCUSED WORKPLACE CHECKS, MANY ILLEGAL EXPATRIATES ARRESTED
  • 09/07/2022
BAHRAIN HAS APPROVED AN OPTIONAL SECOND COVID BOOSTER DOSE
  • 08/04/2022
A DIVORCE IS GRANTED BY A BAHRAINI COURT IN EXCHANGE FOR THE ...
  • 06/04/2022
BAHRAIN CLAIMS THAT WEARING MASK IS NOT REQUIRED
  • 29/03/2022
BAHRAINI COURT HAS SENTENCED YOUNG MAN TO THREE YEARS IN PRI ...
  • 25/03/2022
STRONG DUST STORM BLOWS IN BAHRAIN
  • 05/03/2022
BAHRAINI WOMEN'S DAY IS CELEBRATED TODAY TO HIGHLIGHT THE IM ...
  • 01/12/2021
FOREIGNER SENTENCED TO 12 MONTHS IN JAIL FOR PRODUCING FAKE ...
  • 29/09/2021
GULF AIR ANNOUNCES DIRECT SERVICES TO ISRAEL
  • 11/09/2021