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."
| Crude Output | 0.20 | 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 | % |
| Refining Capacity | 0.267 | mn b/d |
*2017, ** End-Year
3 May, 2019
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Bahrain’s upstream sector was on its last legs three years ago. It has now signed a firm deal with Eni and preliminary deals with Total and Chevron.
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