Middle East

Bahrain

It kick-started oil production in the Gulf in 1932, but Bahrain’s hydrocarbon fortunes have since soured. A major unconventional discovery could revitalize the sector.

State of Play

Bahrain’s upstream sector has been rejuvenated by a major unconventional discovery offshore its west coast. Further appraisal drilling is planned for this year, with results due in early 2019. The kingdom is dependent on neighboring Saudi Arabia for political and economic support, as well as 80% of its oil “production."

2019 In Numbers

Crude Output	0.2	mn b/d
Crude Exports	0.16	mn b/d
Gas Output	20.8	bcm
O&G Export Rev.	8.4	$bn*
O&G % Export Rev.	54.7	%

ALL DATA 2018 UNLESS OTHERWISE INDICATED. *2017.

Oil & Gas

29 May, 2020

Featured

Bahrain Advances Development Of Huge Unconventional Reserves

Bahrain’s cautious upstream revival continues. Appraisal of large-scale unconventional reserves is showing positive results. Eni’s offshore drilling plan has been delayed but the kingdom is optimistic about attracting more IOCs.