Bahrain Review

Securing a long-term supply of natural gas is one of the National Oil and Gas Authority’s (Noga) highest priorities, says Bahrain’s Minister of Finance and Minister in charge of Oil and Gas Affairs Sheikh Ahmed bin Mohammed Al Khalifa BAHRAIN is planning to establish the first service company to provide well services to oil and gas companies operating in the kingdom, says Sheikh Ahmed bin Mohammed Al Khalifa, Minister of Finance and Minister in charge of Oil and Gas Affairs, Bahrain...






Bapco, as it transforms itself into a fully integrated and modern refinery, has put in place a diversification strategy that involves the widening of its product portfolio and developing joint ventures, says Adel Khalil Almoayyed, acting chief executive ADEL Khalil Almoayyed, acting chief executive and chairman of the Bapco board of directors is a veteran of Bahrain’s petroleum sector having first joined Bapco in 1973. Over four decades, Almoayyed has held senior positions throughout his career across all aspects of the business in Bahrain and...






In 2012, the Bapco board of directors approved a five-stage business evaluation procedure which was developed by the business development department to identify good joint venture or acquisition opportunities for the company BAPCO continued with its long term strategy plan that was developed in detail during the last quarter of 2010. The company’s strategic plan outlines a strategy for growth in four key areas, refining, marketing, human resources and oil and gas development and supply...






Although 2012 marked the biggest plant turnaround year in the history of GPIC, it still managed to export a total of 1,105,093 tonnes of ammonia, urea and methanol to the world markets, says GPIC president ABDULRAHMAN JAWAHERY BAHRAIN-BASED the Gulf Petrochemical Industries Company (GPIC) had achieved outstanding success in 2012 producing approximately 1.5 million tonnes of ammonia, methanol and urea at a rate about 0.3 per cent higher than planned for the year...






One of the most interesting features in the world market for ammonia is that the price is not linked closely to the global trade of urea, in spite of the similarity between the two chemically, says GPIC president ABDULRAHMAN JAWAHERY THE president of the Gulf Petrochemical Industries Company (GPIC) Abdulrahman Jawahery says he expects to see an increase in the world production of ammonia to about 186 million tonnes by the year 2015 and the share of GCC countries to be about 12 million tonnes, equivalent to around 16 per cent of...






Banagas’ consolidated sales revenue in 2012 was well above budget. The outlook for 2013 seems likely to be similar with slight improvements in LPG price says Banagas chief executive Dr Sheikh Mohamed bin Khalifa Al Khalifa BAHRAIN produces approximately 1.7 billion standard cubic feet per day (bscfd) of natural gas plus 265 million scfd of residue gas produced from Banagas LPG plant, all of which is consumed domestically, mostly for power generation. Bahrain will be able to meet their needs for fuel gas for the next...






The project is designed to accommodate increased feed gas from the Bapco refinery and maximise liquid recovery. It will involve the construction of additional heat exchangers, re-sizing of vessels, and replacement of pumps THE Bahrain National Gas Company’s (Banagas) $15.4 million engineering, procurement and construction (EPC) project with JGC Gulf International (JGulf) is due to be completed by mid 2014...






The safety target was set by Banagas chief executive Dr Sheikh Mohamed bin Khalifa Al Khalifa after the company achieved a record rate of seven million man hours without a single lost-time accident in 2011 IN 2012, Banagas achieved eight million hours without a single lost time accident...






Tatweer’s objectives for 2013 are to continue to execute the Bahrain Field Master Development Plan to increase oil production and reserves and to meet the kingdom’s gas demand at all times, says ED HANLEY, the CEO of Tatweer Petroleum TATWEER Petroleum, a joint venture operating company between Bahrain’s Noga (The National Oil & Gas Authority), the US’s Occidental Petroleum Corporation and Abu Dhabi’s Mubadala Development Company (Mubadala) for the master development of the Bahrain Field, plans major capital investment in...






As part of its commitment to Bahrain, Tatweer has provided more than 120,000 hours of training for its staff and the company is planning to achieve more this year for the local workforce, says HISHAM ZUBARI, deputy CEO, Tatweer Petroleum TATWEER Petroleum, a joint venture operating company between Noga (National Oil & Gas Authority), Occidental Petroleum Corporation and Mubadala Development Company (Mubadala), is making significant contributions to Bahrain’s economy...






Bafco is about to commit to a $42.4 million project to construct a new supply depot within the confines of the Bahrain International Airport BAHRAIN Aviation Fuelling Company (Bafco) continues to play an important role in the supply of on specification fuel into aircraft safely and on time at the Bahrain International Airport...






The industry has contributed to creating new downstream industries in Bahrain such as chemicals, detergents, paint, medical and industrial gases and plastics BAHRAIN is investing in the production of plastics polymers to cater to the annual plastics consumption growth in the Gulf...






The plan is to create a mechanism through which the government’s dependence on oil and gas revenues is gradually reduced PLANS are under way for Bahrain Petroleum Company (Bapco) to operate independently, but still be government-owned, says Finance Minister Sheikh Ahmed bin Mohammed Al Khalifa...






SHEIKH Ahmed bin Mohammed Al Khalifa, Minister of Finance and Minister in Charge of Oil and Gas Affairs has inaugurated the state-of-the-art Bahrain Oilfield Services Base of Schlumberger in Jebel Al Dukhan...






In a groundbreaking development, Shell has developed a new technology that will process the gas at sea, right where it is found, store it and transfer it for shipment, unlocking vital energy offshore without the need to lay pipelines or build plants on land COOLING natural gas turns it into a liquid for easy shipment to energy-hungry towns and cities around the world. A giant new floating facility – the first of its kind – will make this possible at sea, unlocking vital energy offshore without the need to lay pipelines or build processing plants on...






In the last four years, the offshore division of Arab Shipbuilding & Repair Yard (Asry) has grown to become the main contributor to the company’s revenue and also the leading choice for small and medium sized rig repair and upgrade projects AFTER recording strong double-digit growth year-on-year, Asry Offshore Services (AOS), the offshore division of Arab Shipbuilding & Repair Yard (Asry), is now entering a period of consolidation in which the rapid growth of the past four years since inception can ‘bed down’ and solidify its new...






The firm organises trade exhibitions and conferences in Europe, the Middle East and Asia. In developed economies, these form a vital part of the marketing mix whilst in emerging markets, the events provide a major stimulus for commercial development INTERNATIONAL Exhibition Services (IES) continues to maintain its reputation for organising high quality international trade events in established, as well as the world’s new emerging market economies...






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