Top Oil and Gas Companies in Bahrain
Despite the diversification efforts Bahrain remains heavily dependent on oil and the oil prices. The income from the oil related business accounts for over 70% of government’s income.
Bahrain is planning to spend more than $20 billion in the next 20 years on developing its oil and gas sector, this would include an expenditure of $15bn on the development and modernisation of the Bahrain Oil Field and $5bn on modernising Bapco refinery.
This will increase Bahrain production per day to around 105,000 barrels per day (bpd).
List of Top Oil and Gas Companies in Bahrain
Bahrain Petroleum Company (BAPCO)
Wholly owned by the government of Bahrain, is a fully integrated oil company. Its activities include oil and gas exploration and production, refining, storage and distribution of petroleum products and natural gas, and sales and exports of crude oil and refined products.
Bahrain National Gas Co (BANAGAS)
Gulf Petrochemical Industries Company (GPIC)
GPIC is one of the first Petrochemical Companies in the Middle East:
National Oil & Gas Authority
NOGA is the organization responsible for all petroleum and gas related issues in Bahrain, with a mission of the authority is to maintain and develop the sector.