Shale oil project in Bahrain is on track
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Bahrain’s shale oil project is on track, said Oil Minister Shaikh Mohammed bin Khalifa Al Khalifa while answering a question by Shura Council member Ahmed Al Haddad on the progress in shale exploration. “It is true that the COVID-19 situation has slightly reduced the pace.
But no work has been stopped and the field evaluation phase is progressing now,” the minister added.
In 2018, Bahrain first revealed the extensive Khaleej Al Bahrain reservoir off the west coast, which could contain approximately 80 billion barrels of tight oil – the Kingdom’s largest oil discovery.
In 2019, Bahrain also signed a memorandum of understanding with Chevron to conduct an assessment of unconventional offshore oil and gas potential in the Gulf of Bahrain.
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