Oil Minister: Shear Zones Surveys Taking Place
Bapco
2019-03-04 - 10:14 p
Bahrain Mirror: Bahraini Oil Minister Mohammed bin Khalifa Al Khalifa said that the petroleum development company is currently conducting surveys of the shear zones with a company, without mentioning further details.
The minister said last week that Bahrain had begun to reach out to companies specialized in tight oil exploration, hoping that a US company would show interest before the end of the year.
The minister had announced what he called the largest reserve of shale oil in the world, but analysts doubt the ability of Bahrain to benefit from the underwater field.
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