US Trade Bank Defies Biden to Expand Oil Drilling in Bahrain
US Export-Import Bank leaders are moving forward with plans to underwrite the drilling of more than 400 oil and gas wells in Bahrain, even as President Joe…
Source: leaderpost.com
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Nogaholding 'committed to accelerating energy transition'
Nogaholding’s commitment to accelerating Bahrain’s energy transition was highlighted at its board meeting held on Wednesday (March 29, 2023).
Source: tradearabia.com
Bahrain still evaluating giant shale oil discovery despite high oil prices: minister
Bahrain has yet to take a decision on its 80-billion-barrel offshore shale oil discovery in spite of higher oil prices, the country’s oil minister told reporters on May 16. “We are still working on the technical side of things, understanding the resource play, all of the above. Ultimately, it’s what’s the cost of the production? ...
Source: hellenicshippingnews.com
IPO Fever Heating up Arab Gulf National Oil Companies
Add to Bookmarks After the world’s largest IPO ever by Saudi national oil company Aramco, others have been putting up part of their assets also up for sale. Saudi Arabia and the UAE have been leading the flock. Now a new star could emerge, Bahrain’s national oil company NOGA is considering options to access private-equity funding for some infrastructure assets. Bahrain’s minister of oil Mohammed bin Khalifa Al Khalifa stated to Bloomberg Television that they are considering selling energy assets. The minister indicated that “we have got a lot of infrastructure assets that can easily b...
Source: fxempire.com