Bahrain | Egypt Oil & Gas - Part 8
Bahrain Receives $570m for Oil, Gas Projects Expansion
Bahrain's Nogaholding, the investment and business development arm of Bahrain's National Oil and Gas Authority (NOGA), signed to obtain a five-year $570m murabaha financing facility to expand its oil and gas developm ... Bahrain Plans $355m Project to Recover Untapped Oil
Bahrain is considering to launch a $355m pilot project that will help recover a huge untapped resource in the residual oil saturation in the Gas Cap of the Mauddud reservoir.
IMF Recommends Bahrain to Adopt Further Austerity Measures
Bahrain has announced austerity measures in line with IMF recent recommendations, in a bid to return to international bond market and to finance its expanding budget deficit of 15% of the country's GDP.
Bahrain Signs $355m Deal with Japan for Gas Plant Expansion
Bahrain signed a $355m deal with Japan's JGC Corp to build the expansion of a gas plant for the Bahrain National Gas Company (Banagas). Bahrain Mulls Offshore Gas Exploration Bids
Bahrain is looking into launching a new international bid round for offshore gas exploration seeking to reduce its dependence on gas supplies from other regional players, and instead boost its domestic gas production ... Bahrain Amends Petrol Prices First Time in 33 Years
The Bahraini cabinet has just approved an amended price of petrol sales following the recommendations from the Executive Committee, as outlined in a memorandum submitted to Cabinet by the National Oil and Gas Authori ...
Oil Prices Surge Temporarily as Saudi-Iranian Tensions Mount
Oil prices rose by more than 3% today in response to the crisis brewing between Iran and Saudi Arabia following the Saudi execution of a prominent Shiite cleric, Sheikh Nimr Baqir al-Nimr. Bahrain Approves New Pricing System for Fuels amid Subsidy Cuts
Bahrain’s cabinet has approved a new pricing system for diesel and kerosene introducing a gradual rise of prices for domestic customers, set to take effect in January.
