Bahrain Interviews

List of all articles filed under “bahrain-interviews” category.

Doing Business in Bahrain: Cautious Optimism About 2013-2014 Grows

Fawzi Ahmed Kanoo, Deputy Chairman of Yusuf Bin Ahmed Kanoo
Today, we have about 6,000 people working for us Gulf-wide and about 700 people in Bahrain. We have seen the first two months of the year as encouraging and even though in January business is normally down we have seen encouraging results. So I personally believe we are on the right track and that we will have a good year in 2013.

Bahrain National Oil and Gas Authority Outlines Future of Bahrain Oil and Gas Industry

National Oil and Gas Authority, HE Abdul Hussain bin Ali Mirza, Bahrain Minister of Oil and Gas
Today, the income from oil and gas constitutes about 80% of the government’s revenue. However, we were also the first GCC country to attempt diversification, in the 1960s and 70s. Thanks to those efforts, oil and gas now only constitute 24% of GDP at current prices (and 12% at constant prices).

New Investments to Double Bahrain’s Oil Production Using Latest Technology

Dr. Ed Hanley, Chief Executive of Tatweer Petroleum
In 2010, Tatweer spent a total of US$ 345 million through 200 contracts and 1,300 purchases; and created 240 new jobs, with many of them going to young Bahrainis. We are very much positive that our efforts will lead to maximizing the Field production capacity to triple in seven years’ time, reaching 100,000 barrels per day.

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