Energy

imported 2024-03-17 17:43:07

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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Côte d’Ivoire Videos Infrastructure Program 2012 and State of Road Infrastructure in Côte d’Ivoire
Years of malinvestment and internal struggle sinistered with road network in the past 10 to 15 years. Côte d’Ivoire has 6,500 paved roads and around 75,000 dirt and feeder roads; that translates to about 82,000 kilometers of roads.
According to Mr. Fofana, DG of Ageroute, the government has assembled a very ambitious program. Starting from the second half of 2012, the goal is to strengthen and rehabilitate at least 1,000 km of paved roads and 5,000 km of dirt roads per year over the next five years.
 

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Côte d’Ivoire Videos Transparent Tenders on Infrastructure Projects in Côte d’Ivoire
Côte d’Ivoire, in order to achieve the goals of rehabilitating the whole road network within the next 5-10 years will have to attract large international contractors and engineering firms to bid in large infrastructure projects tenders.
Mr. Fofana, Director General of Ageroute, talks about the tendering process, new anti corruption philosophy of the government and assures investors of greater transparency.

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