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August 19, 2018

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1,200 experts to gather for 25th WIBC in Bahrain

August 14, 2018

Over 1,200 global Islamic banking and finance leaders, industry powerhouses and policy makers will converge for the upcoming 25th edition of the World Islamic Banking Conference (WIBC) set to take place in Bahrain in November.

Held under the patronage of HRH Prince Khalifa Bin Salman Al Khalifa, the Prime Minister of Bahrain and the strategic partnership of the Central Bank of Bahrain (CBB), the event will take place from November 26 to 28 under the theme “Islamic Finance & Sustainable Economic Growth in the Age of Disruption”.

Middle East Global"...

oil and gas

Petrofac wins gas wells contract in Bahrain

August 14, 2018

Petrofac, a leading global provider of oilfield services, has been awarded a multi-million-dollar additional scope of work for gas wells in Bahrain from Tatweer Petroleum.

The company’s Engineering & Production Services East business recently installed a 500 MMSCFD Gas Dehydration Facility for Tatweer.

Under the terms of the additional scope of work contract, Petrofac will execute on a lump-sum turnkey basis the engineering, procurement and construction (EPC) of additional Gas Wells and"...

Petrofac awarded additional scope of work with Tatweer Petroleum

August 11, 2018

Petrofac’s Engineering & Production Services East business is pleased to announce that it has been awarded a multi-million dollar additional scope of work in Bahrain from Tatweer Petroleum, following its successful installation of a 500 MMSCFD Gas Dehydration Facility for the client.

Under the terms of the additional scope of work contract, Petrofac will execute on a lump-sum turnkey basis the engineering, procurement and construction"...

Bahrain GDP Increases More Than 5 Percent Due to Higher Oil Prices

August 8, 2018

Bahrain’s gross domestic product or GDP in current prices grew by 5.1 per cent annually in the first three months of the year (Q1), according to data published in the latest Bahrain Economic Quarterly (BEQ).

The June 2018 quarterly report produced by the Economic Development Board (EDB) shows that in nominal terms, the GDP expanded in Q1 thanks to significantly higher oil prices that more than countered the drop in output.

This"...

Higher oil prices help GDP grow 5.1 per cent

August 6, 2018

This"...

Boehringer Ingelheim launches the initiative In Reach Africa to address key healthcare infrastructure and access priorities across Africa

August 2, 2018

Boehringer Ingelheim, one of the world’s leading pharmaceutical companies, announced recently the launch of the ‘In Reach Africa’ program, an initiative aimed at facilitating quality and innovative human and animal healthcare access across the African continent.

The program is set to kick off in Kenya and to expand throughout major African markets including Nigeria, Ghana, Ethiopia, Uganda, Mozambique, Tanzania, Zambia, Zimbabwe"...

Retrofit platform supports offshore Bahrain appraisal drilling

August 1, 2018

2H Offshore has delivered a retrofit conductor supported platform (CSP) for Bahrain state oil company Bapco and Schlumberger. This allowed an appraisal well offshore Bahrain to be transitioned to production in 26 m (85 ft) water depth within six months of project award. 2H Offshore designed a tripod CSP supporting three surface trees, with a total work area of 90 sq m (969 sq ft). The platform had to be clamped retrospectively onto the drilled conductor under an already installed surface tree. Additional conductors were driven to provide support for the CSP, allowing two potential future wells. The structure comprised a subsea template, a top platform, top brace structure, single deck and boat landing. Keeping the structures small reduced transportation costs and allowed use of Shelf Drilling’s jackup rig Key Hawaii for the installation, 2H Offshore said, avoiding the need to mobilize......

Acteon unit installs retrofit CSP offshore Bahrain

July 26, 2018

Global engineering contractor 2H Offshore said it has completed the installation of a retrofit conductor supported platform (CSP) offshore Bahrain for oil giants Bahrain Petroleum Company (Bapco) and Schlumberger.

This enabled a successful appraisal well to be transitioned to production in 26m water depth, offshore Bahrain, within 6 months of project award, said the statement from the company.

A unit of UK-based specialist subsea services company Acteon Group, 2H Offshore specialises in the design,"...

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