Manama: Bapco Energies, the integrated company spearheading the energy transition in the Kingdom of Bahrain, and EOG Resources Inc., a prominent U.S.-based hydrocarbon exploration company, have signed a significant agreement to evaluate a promising gas exploration prospect in the Kingdom.
According to Bahrain News Agency, the signing ceremony is a result of high-level discussions held in early January 2025. During these discussions, His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majesty's Representative for Humanitarian Work and Youth Affairs and Chairman of Bapco Energies, met with an EOG delegation to explore opportunities in hydrocarbon exploration and innovative energy solutions.
Mark Thomas, Group CEO of Bapco Energies, announced the collaboration with EOG Resources, Inc. on a gas exploration project in Bahrain, with drilling anticipated to commence in 2025. He highlighted that this initiative is in alignment with the Kingdom's National Energy Strategy, which focuses on leveraging strategic partnerships and advanced technologies to develop natural resources that contribute to Bahrain's sustainable economic growth.
The agreement emphasizes Bapco Energies' dedication to advancing the Kingdom of Bahrain's energy transition through innovation and strategic partnerships.