Who is the CEO of Bapco?
Pete Bartlett (Jun 15, 2014–)
Bahrain Petroleum Company/CEO
What is the full form of Bapco?
The Bahrain Petroleum Company (BAPCO) is an integrated national oil company of Bahrain.
How many employees does Bapco have?
2500 employees
Bapco is a textbook definition of diversification, with its wide range of disciplines and cultures it withholds. The company currently has a workforce of approximately 2500 employees and professionals from over 30 nationalities, working together to deliver their unique expertise in a diversity of fields.
When was Bapco founded?
1929
Bahrain Petroleum Company/Founded
In 1925, the late Shaikh Hamad bin Isa Al Khalifa, the Ruler of Bahrain and its dependencies, signed the official concession for oil exploration. In January 1929 Bapco was formed by the Standard Oil Company of California (SOCAL) in the era of HH the Late Shaikh Isa bin Ali Al Khalifa.
Who discovered oil in Bahrain?
Major Frank Holmes
Source: NASA The first oil discovery in Bahrain is largely credited to one man, Major Frank Holmes. As a quartermaster in the British Army, posted to the Middle East during World War I, Holmes had heard of seepages in and around the Persian Gulf and was convinced he would discover oil in Bahrain.
How much oil is Bahrain?
Oil Reserves in Bahrain Bahrain holds 124,560,000 barrels of proven oil reserves as of 2016, ranking 67th in the world and accounting for about 0.0% of the world’s total oil reserves of 1,650,585,140,000 barrels. Bahrain has proven reserves equivalent to 5.5 times its annual consumption.
When was Bahrain declared unleaded?
The British announced the withdrawal of their troops east of Suez in the early 1960s. Bahrain declared its independence on 15 August 1971, marked by the signing of a friendship treaty with the British that terminated previous agreements between the two sides.
Which is the first oil well in the world?
Drake drilled the world’s first oil well in 1859 at Titusville, Pennsylvania, USA, history registered another exploration of the black liquid gold, in the largest continent.
Is Bahrain an oil rich country?
Bahrain holds 124,560,000 barrels of proven oil reserves as of 2016, ranking 67th in the world and accounting for about 0.0% of the world’s total oil reserves of 1,650,585,140,000 barrels. Bahrain has proven reserves equivalent to 5.5 times its annual consumption.
Who is the chairman of the Board of BAPCO?
Bapco’s Minister Sheikh Mohammed bin Khalifa bin Ahmed appointed Dawood Nassif as chairman of the board of directors in July 2019. In December 2020, BAPCO’s chairman Dawood Nassif, said that the company was aiming to reduce all fuel oil production and focus on Diesel fuel and Jet fuel by 2025.
When did Bahrain take over BAPCO oil company?
Later that year the Standard Oil Company of California signed an agreement with Texaco, which acquired a half of BAPCO’s shares. In 1975 more than 60% BAPCO’s shares was acquired by the Government of Bahrain. In 1980, all BAPCO’s shares were taken over by the Government of Bahrain.
Who is the CEO of Bahrain Petroleum Company?
On 29 December 2019, the company was allegedly targeted by Iranian hackers with data-wiping malware called Dustman, with only a small portion of the company’s computers being affected. Currently Peter Bartlett serves as CEO of the BAPCO.
How many barrels of oil does BAPCO produce per day?
Operations. BAPCO is an integrated oil company operating in the field of exploration, drilling, production, refining, and marketing. It operates a 260,000-barrel-per-day (41,000 m 3 /d) oil refinery which lies midway between the original BAPCO expat workers accommodation township of Awali and Sitra.