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 | % |
*2017, ** End-Year
29 May, 2020
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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.
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