Bahrain Announces Two New Gas Discoveries

Tuesday, November 8, 2022

Bahrain has announced two natural gas discoveries in the Al-Joubah and Al-Jawf reservoirs, state news agency BNA said on Tuesday. 

Nasser bin Hamad Al Khalifa, chairman of the kingdom's energy investment and development arm Nogaholding, has updated Bahrain King Hamad bin Issa Al Khalifa on the discoveries, an official statement said without disclosing estimated reserves. 

Bahrain's energy strategy and is likely to be decided in the next six months, Nogaholding's CEO told Reuters last week. 

The Gulf Arab state's 2018 discovery of the Khaleej al-Bahrain field, was its largest oil and gas find since 1932 and is estimated to contain at least 80 billion barrels of shale oil.

(Reuters - Reporting by Maha El Dahan and Alaa SwilamEditing by Louise Heavens and David Goodman)

Categories: Energy Middle East Industry News Activity Discoveries

Related Stories

UK Declines to Support US Hormuz Blockade, PM Starmer Says

Hormuz Crisis Signals New Era of Risk for Gulf Energy

Middle East Producers Gear Up for Hormuz Export Restart

Israel Orders Restart of Ops at Karish Offshore Gas Platform

Oil Tumbles, Stocks Surge on Middle East Ceasefire

India Resumes Iranian Oil Imports After Seven-Year Hiatus

Asian Buyers Rush for Russian Oil Amid Supply Disruption

Arabian Drilling Flags Temporary Offshore Rig Suspensions in Persian Gulf

Oil Falls on Middle East Ceasefire Hopes, Easing Supply Fears

Qatar LNG Exports Cut 17% After Missile Strikes, $20B Revenue Loss Expected

Current News

TotalEnergies Eyes Black Sea Exploration with Türkiye’s TPAO

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

Philippines Seeks US Extension to Buy Russian Oil

Borr Drilling Expects Higher Activity as Rigs Return to Work

Iran-Linked Tankers Sail Through Hormuz Before US Blockade

China Calls for De-Escalation as US Threatens Hormuz Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

UK Declines to Support US Hormuz Blockade, PM Starmer Says

Hormuz Crisis Signals New Era of Risk for Gulf Energy

Petra Energy Secures Work Orders from Petronas for Sarawak Gas Project

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com