DUBAI, United Arab Emirates -- The Persian Gulf island nation of Bahrain says it has discovered its largest oil field since the country's first oil well began operation nearly 90 years ago.
The government said Sunday that the new resource is "understood to dwarf Bahrain's current reserves."
Details about the initial findings of size and extraction viability are to be released by the Oil Ministry at a news conference Wednesday.
Bahrain says the tight oil and deep natural gas field was discovered off the west coast of the island in the Khaleej Al Bahrain Basin.
The non-OPEC producer extracts oil from an offshore field it shares with Saudi Arabia and the onshore Bahrain field.
Let's block ads! (Why?)
Bagikan Berita Ini
Related Posts :
World stocks mixed as investors mull earnings, await ECB
Kelvin Chan, The Associated Press</span>
Published Thursday, April 26, 2018 1:41AM EDT
Last U… Read More...
McKenna outlines pipeline protections ahead of B.C court referenceOTTAWA - Environment Minister Catherine McKenna is floating the idea of a joint Ottawa-B.C. panel of… Read More...
European Central Bank head to sift mixed signs on economy
David McHugh, The Associated Press</span>
Published Thursday, April 26, 2018 8:11AM EDT
FRAN… Read More...
Union that represents WestJet pilots calls for strike vote to press for contractCALGARY - The union that represents pilots at WestJet has called for a strike vote to press its dema… Read More...
Trans Mountain opponent got federal money through Canada Summer Jobs, Tories say
The Canadian Press</span>
Published Wednesday, April 25, 2018 2:21PM EDT
Last Updated Wednesd… Read More...
0 Response to "Bahrain discovers largest oil field in country since 1932"
Post a Comment