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Bapco Energies

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Bapco Energies was established in August 2007 as a subsidiary unit of the National Oil and Gas Authority (NOGA), the Government of Bahrain's petroleum industry regulator. Bapco Energies was intended to concentrate and refocus NOGA's oil, gas, and petrochemical development activities. NOGA was
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was appointed chairman of the board of Bapco Energies in April 2021. Managing Director Mohamed bin Mubarak Bin Daina told the press in October 2021 that Shaikh Nasser was leading the agency away from being a purely oil and gas developer and toward becoming an integrated energy corporation.
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platform, a pipeline to bring natural gas onshore from the regasification platform, an onshore gas storage facility, and a nitrogen production plant. The plant has a capacity of 22,653,500 cubic metres (800,000,000 cu ft) per day.
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In November 2020, Bahrain adopted a strategy for supplying homes, industry, and government buildings with natural gas. The strategy called for the construction of a national natural gas grid and for the construction of pipelines with other
659: 343:$ 4.357 billion), down from BD2.670 billion in 2019. Total assets in 2020 were BD4.055 billion, up from BD3.719 billion in 2019, and total equity was BD1.216 billion, down from BD1.351 billion in 2019. 362:, Bahrain Aviation Fueling Company (Bafco), Bahrain Lube Base Oil Company (Blboc), Bapco Upstream, Bahrain LNG, Bahrain Gasoline Blending, BAC Jet Fuel Company, 1125: 288:
to jointly study the nation's future natural gas needs and from where Bahrain should obtain supplies. The same month, Bapco Energies contracted with
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agreement) in May 2022. About US$ 1.6 billion was used to refinance older debt. This was the first time Bapco Energies had issued
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By 2022, Bapco Energies was studying the possibility of allowing foreign investment in its oil and gas assets, or engaging in an
313:. The agency hired a consultant and a financial advisor to assist it with this aspect of Bahrain's national energy strategy. 170: 61: 1079: 1053: 1027: 1001: 975: 949: 923: 897: 871: 845: 173:(NOGA), the government's petroleum regulator, it became an independent agency when NOGA was abolished in September 2021. 182:
abolished in September 2021. Bapco Energies became a semi-independent agency within Bahrain's Ministry of Oil and Gas.
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18th Floor, GBCORP Tower, Building No. 1411, Road No. 4626, Block 346, Bahrain Financial Harbour District, Sea Front,
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Chairman's Report, Independent Auditor's Report and Consolidated Financial Statements for 31 December 2020
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Chairman's Report, Independent Auditor's Report and Consolidated Financial Statements for 31 December 2020
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Bapco Energies raised US$ 600 million in sukuk in April 2021, and another US$ 2.2 billion in
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each held another 20 percent. A US$ 98.7 million contract was signed in October 2016 with
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As of 2022, Bapco Energies owned two corporate subsidiaries and had assets of more than
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Bapco Energies rebranded itself from nogaholding to its current name on May 29, 2023.
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member nations to supply the grid with gas. Bapco Energies signed an agreement with
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Bapco Energies raised another US$ 1 billion in sukuk in October 2018.
299: 218: 202: 198: 98: 764:"Bahrain's nogaholding closes $ 1.6bn Murabaha facility refinancing" 687:"Air Products and Nogaholding to Develop Bahrain's Hydrogen Economy" 265: 246: 210: 739:"Bahrain Says 'Everything's on the Table' for Oil Privatizations" 634:"Bahrain's Oil Company Targets $ 1 Bln Through Dual-tranche Bond" 292:, an American corporation, to study how Bahrain could move to a 136: 470:"Bahrain abolishes NOGA, oil ministry to take over functions" 577:"Bahrain LNG terminal to start commercial operations in May" 1080:
Working Towards a Sustainable Tomorrow: Annual Report 2020
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Working Towards a Sustainable Tomorrow: Annual Report 2020
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Working Towards a Sustainable Tomorrow: Annual Report 2020
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Working Towards a Sustainable Tomorrow: Annual Report 2020
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Working Towards a Sustainable Tomorrow: Annual Report 2020
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Working Towards a Sustainable Tomorrow: Annual Report 2020
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Working Towards a Sustainable Tomorrow: Annual Report 2020
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Working Towards a Sustainable Tomorrow: Annual Report 2020
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Working Towards a Sustainable Tomorrow: Annual Report 2020
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Working Towards a Sustainable Tomorrow: Annual Report 2020
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In December 2015, Bapco Energies signed an agreement with
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to build a new storage and pipeline facility at the
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Dr. Mohamed bin Mubarak Bin Daina, Managing Director
131: 114: 91: 80: 70: 54: 46: 41: 366:, and Arab Shipbuilding and Repair Yard Bahrain. 169:resources. Established in 2007 as a unit of the 8: 387:The company name is stylized all lower-case. 29: 326:sustainability-linked financing instruments 205:-based petroleum shipping firm, to build a 571: 569: 354:Bapco Energies's subsidiaries include the 229:processing plant. Bapco Energies formed a 157:, is a semi-independent agency within the 602: 600: 598: 335:Bapco Energies reported 2020 revenues of 256:The LNG terminal, located at the city of 165:whose mission is to develop the nation's 332:and workplace injury reduction targets. 400: 380: 412: 410: 408: 406: 404: 320:(a sharia-compliant bond similar to a 28: 607:Lakshmi, Aiswarya (22 January 2017). 364:Gulf Petrochemical Industries Company 7: 737:Martin, Matthew (27 February 2022). 685:Burgess, Molly (27 November 2020). 25: 417:Saba, Yousef (16 November 2021). 1126:Oil and gas companies of Bahrain 500:Sovereign Wealth Fund Institute 444:"Bahrain: What is Nogaholding?" 1121:National oil and gas companies 1111:Government agencies of Bahrain 171:National Oil and Gas Authority 62:National Oil and Gas Authority 1: 1116:Subnational energy ministries 818:nogaholding (17 March 2021). 792:nogaholding (17 March 2021). 328:. The murabaha was linked to 1078:nogaholding (26 May 2022). 1052:nogaholding (26 May 2022). 1026:nogaholding (26 May 2022). 1000:nogaholding (26 May 2022). 974:nogaholding (26 May 2022). 948:nogaholding (26 May 2022). 922:nogaholding (26 May 2022). 896:nogaholding (26 May 2022). 870:nogaholding (26 May 2022). 844:nogaholding (26 May 2022). 303:Nasser bin Hamad Al Khalifa 102:Nasser bin Hamad Al Khalifa 1142: 768:TradeArabia Business News 225:(BAPCO) and at Bahrain's 223:Bahrain Petroleum Company 153:(بابكو انرجيز), formerly 34: 330:greenhouse gas emissions 282:Gulf Cooperation Council 743:Bloomberg Business News 311:initial public offering 159:Ministry of Oil and Gas 123:Chief Executive Officer 104:, Chairman of the Board 251:natural gas processing 1085:(Report). p. 104 448:Gul States Newsletter 339:1.643 billion (about 207:liquified natural gas 92:Ministers responsible 75:Government of Bahrain 1059:(Report). p. 90 1033:(Report). p. 86 1007:(Report). p. 82 981:(Report). p. 76 955:(Report). p. 70 929:(Report). p. 66 903:(Report). p. 56 877:(Report). p. 48 851:(Report). p. 28 799:(Report). p. 11 825:(Report). p. 9 476:. 27 September 2021 286:Chevron Corporation 31: 666:. 30 November 2020 86:Kingdom of Bahrain 640:. 31 October 2018 638:Offshore Engineer 322:cost-plus pricing 193:Corporate history 161:in the nation of 147: 146: 16:(Redirected from 1133: 1095: 1094: 1092: 1090: 1084: 1075: 1069: 1068: 1066: 1064: 1058: 1049: 1043: 1042: 1040: 1038: 1032: 1023: 1017: 1016: 1014: 1012: 1006: 997: 991: 990: 988: 986: 980: 971: 965: 964: 962: 960: 954: 945: 939: 938: 936: 934: 928: 919: 913: 912: 910: 908: 902: 893: 887: 886: 884: 882: 876: 867: 861: 860: 858: 856: 850: 841: 835: 834: 832: 830: 824: 815: 809: 808: 806: 804: 798: 789: 780: 779: 777: 775: 760: 754: 753: 751: 749: 734: 728: 727: 725: 723: 708: 702: 701: 699: 697: 682: 676: 675: 673: 671: 656: 650: 649: 647: 645: 630: 624: 623: 621: 619: 604: 593: 592: 590: 588: 573: 564: 563: 561: 559: 554:. 5 October 2016 544: 538: 537: 535: 533: 518: 512: 511: 509: 507: 492: 486: 485: 483: 481: 466: 460: 459: 457: 455: 440: 434: 433: 431: 429: 414: 388: 385: 294:hydrogen economy 143: 140: 138: 115:Agency executive 55:Preceding agency 32: 21: 1141: 1140: 1136: 1135: 1134: 1132: 1131: 1130: 1101: 1100: 1099: 1098: 1088: 1086: 1082: 1077: 1076: 1072: 1062: 1060: 1056: 1051: 1050: 1046: 1036: 1034: 1030: 1025: 1024: 1020: 1010: 1008: 1004: 999: 998: 994: 984: 982: 978: 973: 972: 968: 958: 956: 952: 947: 946: 942: 932: 930: 926: 921: 920: 916: 906: 904: 900: 895: 894: 890: 880: 878: 874: 869: 868: 864: 854: 852: 848: 843: 842: 838: 828: 826: 822: 817: 816: 812: 802: 800: 796: 791: 790: 783: 773: 771: 762: 761: 757: 747: 745: 736: 735: 731: 721: 719: 718:. 23 April 2021 710: 709: 705: 695: 693: 684: 683: 679: 669: 667: 658: 657: 653: 643: 641: 632: 631: 627: 617: 615: 606: 605: 596: 586: 584: 583:. 25 March 2019 575: 574: 567: 557: 555: 546: 545: 541: 531: 529: 528:. 31 March 2016 520: 519: 515: 505: 503: 494: 493: 489: 479: 477: 468: 467: 463: 453: 451: 442: 441: 437: 427: 425: 416: 415: 402: 392: 391: 386: 382: 372: 352: 195: 179: 177:Agency overview 135: 127: 110: 66: 42:Agency overview 37: 23: 22: 15: 12: 11: 5: 1139: 1137: 1129: 1128: 1123: 1118: 1113: 1103: 1102: 1097: 1096: 1070: 1044: 1018: 992: 966: 940: 914: 888: 862: 836: 810: 781: 755: 729: 703: 677: 664:S&P Global 651: 625: 594: 565: 539: 526:LNG World News 513: 487: 461: 435: 399: 398: 397: 396: 390: 389: 379: 378: 377: 376: 371: 368: 356:Bapco Refinery 351: 348: 270:regasification 264:and receiving 194: 191: 189:10.2 billion. 178: 175: 151:Bapco Energies 145: 144: 139:.bapcoenergies 133: 129: 128: 126: 125: 118: 116: 112: 111: 109: 108: 105: 95: 93: 89: 88: 82: 78: 77: 72: 68: 67: 65: 64: 58: 56: 52: 51: 48: 44: 43: 39: 38: 35: 30:Bapco Energies 24: 14: 13: 10: 9: 6: 4: 3: 2: 1138: 1127: 1124: 1122: 1119: 1117: 1114: 1112: 1109: 1108: 1106: 1081: 1074: 1071: 1055: 1048: 1045: 1029: 1022: 1019: 1003: 996: 993: 977: 970: 967: 951: 944: 941: 925: 918: 915: 899: 892: 889: 873: 866: 863: 847: 840: 837: 821: 814: 811: 795: 788: 786: 782: 770:. 10 May 2022 769: 765: 759: 756: 744: 740: 733: 730: 717: 713: 707: 704: 692: 688: 681: 678: 665: 661: 655: 652: 639: 635: 629: 626: 614: 610: 603: 601: 599: 595: 582: 578: 572: 570: 566: 553: 549: 543: 540: 527: 523: 517: 514: 501: 497: 491: 488: 475: 471: 465: 462: 449: 445: 439: 436: 424: 420: 413: 411: 409: 407: 405: 401: 394: 393: 384: 381: 374: 373: 369: 367: 365: 361: 357: 349: 347: 344: 342: 338: 333: 331: 327: 323: 319: 314: 312: 307: 304: 301: 297: 295: 291: 287: 283: 277: 274: 271: 267: 263: 259: 254: 252: 248: 244: 240: 236: 232: 231:joint venture 228: 224: 220: 216: 212: 208: 204: 200: 192: 190: 188: 183: 176: 174: 172: 168: 164: 160: 156: 152: 142: 134: 130: 124: 121:Mark Thomas, 120: 119: 117: 113: 106: 103: 100: 97: 96: 94: 90: 87: 83: 79: 76: 73: 69: 63: 60: 59: 57: 53: 49: 45: 40: 33: 27: 19: 1089:13 September 1087:. 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Retrieved 422: 383: 353: 350:Subsidiaries 345: 334: 315: 308: 298: 290:Air Products 278: 275: 255: 199:Teekay Corp. 196: 184: 180: 154: 150: 148: 81:Headquarters 71:Jurisdiction 36:بابكو انرجيز 26: 613:Marine News 227:natural gas 155:nogaholding 18:Nogaholding 1105:Categories 370:References 262:breakwater 253:facility. 217:which are 395:Citations 360:Bapco Gas 243:JGC Corp. 167:petroleum 318:murabaha 203:Canadian 716:Reuters 581:Retuers 552:Reuters 474:Reuters 423:Reuters 258:Al Hidd 235:Samsung 163:Bahrain 132:Website 829:31 May 803:31 May 774:10 May 748:10 May 722:10 May 696:10 May 670:10 May 644:10 May 618:10 May 587:10 May 558:10 May 532:10 May 506:10 May 502:. 2022 480:10 May 454:10 May 428:10 May 300:Shaikh 219:sharia 99:Shaikh 47:Formed 1083:(PDF) 1057:(PDF) 1031:(PDF) 1005:(PDF) 979:(PDF) 953:(PDF) 927:(PDF) 901:(PDF) 875:(PDF) 849:(PDF) 823:(PDF) 797:(PDF) 375:Notes 266:jetty 247:Japan 215:bonds 211:sukuk 1091:2022 1065:2022 1039:2022 1013:2022 987:2022 961:2022 935:2022 909:2022 883:2022 857:2022 831:2022 805:2022 776:2022 750:2022 724:2022 698:2022 672:2022 646:2022 620:2022 589:2022 560:2022 534:2022 508:2022 482:2022 456:2022 430:2022 268:, a 237:and 201:, a 187:US$ 149:The 141:.com 50:2007 245:of 239:GIC 137:www 1107:: 784:^ 766:. 741:. 714:. 689:. 662:. 636:. 611:. 597:^ 579:. 568:^ 550:. 524:. 498:. 472:. 446:. 421:. 403:^ 358:, 341:US 337:BD 296:. 1093:. 1067:. 1041:. 1015:. 989:. 963:. 937:. 911:. 885:. 859:. 833:. 807:. 778:. 752:. 726:. 700:. 674:. 648:. 622:. 591:. 562:. 536:. 510:. 484:. 458:. 432:. 213:( 20:)

Index

Nogaholding
National Oil and Gas Authority
Government of Bahrain
Kingdom of Bahrain
Shaikh
Nasser bin Hamad Al Khalifa
Chief Executive Officer
www.bapcoenergies.com
Ministry of Oil and Gas
Bahrain
petroleum
National Oil and Gas Authority
US$
Teekay Corp.
Canadian
liquified natural gas
sukuk
bonds
sharia
Bahrain Petroleum Company
natural gas
joint venture
Samsung
GIC
JGC Corp.
Japan
natural gas processing
Al Hidd
breakwater
jetty

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