Petrofac has revealed that it won a new multi-million dollar landmark deal with Tatweer Petroleum to provide support for their ambitious natural gas distribution network project in Bahrain. 

The National Oil and Gas Authority (NOGA) announced that Eni stared drilling the first exploratory well in the offshore Block 1, on a space of 2,800 km square in the northern territorial waters of Bahrain as a part of the Exploration and Production (E&P) Sharing Agreement signed on May 1, 2019 between NOGA and Eni.

Qatar has exported first oil cargo to a Persian Gulf neighbor since the United Arab Emirates along with other three Arab countries agreed to restore ties with Doha in January, according to Bloomberg 

The Bahraini National Oil and Gas Authority (NOGA) and Eni Rewind company have signed a memorandum of understanding (MoU) to jointly identify and promote opportunities for water, soil and waste management and repurposing in Bahrain.

The Arab Shipbuilding and Repair Yard (ASRY) has signed a joint venture (JV) agreement with Woodlands Holdings to provide services (WoodServ) related to the oil and gas industry in Bahrain.

The oil Ministers of Saudi Arabia, UAE, Kuwait, Oman, Iraq, and Bahrain reconfirmed their full support for OPEC+ agreement of cutting oil production in order to further speed up rebalance of oil markets.

Petrofac’s Engineering & Production Services division (EPS) is the benefactor of a  multi-million dollar engineering, procurement, construction, and commissioning (EPCC) contract by Tatweer Petroleum, for an upstream gas project in Bahrain.

Bahrain’s BAPCO refinery expansion has reached the halfway point to completion and is on track to be finished by Q3 of 2022.

Bahrain-based Silver Eagle Global announced that it has reached an agreement with PetroVietnam Shipyard to build a series of self-elevated drilling units (SEDU).

Bahraini Oil Minister, Mohammed bin Khalifa, announced that there is a probability of transferring some of its oil and natural gas assets into a proposed state-run fund to sell shares to investors.