Bahrain Says All options are Open to Privatizing Oil and Gas Sectors, including Selling Stakes
Bahrain is considering hiring consultants to help sell stakes in some oil and gas assets, as it looks to open the sector to foreign investment for the first time in decades, Bloomberg reported.
Bapco Starts Taking Measures Requiring Sacrifices, Lays off Foreign Employees
The wave of layoffs taking place over the Coronavirus pandemic has hit national companies, as the Bahrain Petroleum Company (Bapco) laid off employees "to ensure its continuity in the future".
Bahrain Allows Foreign Partner to Engage in BMP-Related Activities
The Bahraini Cabinet agreed in its session on Monday to allow "TTSJV", with 68% foreign-owned capital, to engage in the "service activities related to water transport - management and operation of public and private ports" to serve the Bapco Modernization Program (BMP).
Marshal's Son Follows Father's Footsteps, Opens Bapco for Foreigners
The Bahrain Oil Company (Bapco) hired dozens of foreign workers earlier this year, at a time when the number of unemployed citizens in the country is increasing, new information revealed.
Inspired by Aramco IPO, Bahrain May Sell Stake in Oil Assets
Inspired by Saudi Aramco, Bahrain says it is considering selling a stake of its assets in the oil and gas sector as it seeks to reach financial balance by 2022.
Where does the E-Government Stand after Serious Cyberattack on Country’s Most Important Establishments?
Bahrain has been hit during the past few years by serious cyberattacks that caused severe damages, the most recent one was the hacking of Bahrain Oil Company (Bapco) which led to damaging more than 2000 computers, encryption of the company's data by the hackers, re-engineering of its internal network and affecting production and refining departments work.
Christmas Cyberattack on Bapco: Over 2000 Damaged Computers, Losses Amount to Millions
On Friday (January 10, 2020), the state-run Akhbar Al-Khaleej newspaper published the following: “A failed Iranian cyberattack on the Bahrain Oil Company (Bapco).” An IT website said a cyberattack affected the oil company’s network.
Iranian Cyberattack Hits Bahrain Oil Company: ZDNet
Iranian hackers have deployed a new strain of data-wiping malware on the network of Bapco, Bahrain's national oil company, ZDNet website has learned from multiple sources.
Crown Prince: 5 Gov't Entities, 2 Sports Clubs Referred to Prosecution over NAO Violations
Crown Prince Salman bin Hamad Al Khalifa said that 7 entities were referred to the Public Prosecution over violations mentioned in the National Audit Office (NAO) report for 2019.
Talk on Bapco Refinery and Oil
It is not just about Saudi Arabia when half of Aramco's production stops. A portion of the consequences of this can be understood from the US president's statement that he has authorized the use of strategic oil reserves.
Saudi Arabia Shuts Pipeline to Bahrain after Oil Outage: Trade Sources
Saudi Arabia has shut down its crude oil pipeline to Bahrain after attacks on Saudi oil facilities, two trade sources told Reuters on Monday.
Oil Minister Names Dawood Nassif Chairman of Bahrain Petroleum Co
Bahraini Oil Minister Sheikh Mohammed bin Khalifa bin Ahmed Al Khalifa has appointed Dawood Nassif as the chairman of the board of directors of Bahrain Petroleum Company (Bapco), the Bahrain News Agency (BNA) said on Tuesday.
Period of Direct Hiring Ends, Bapco and Power Authority Job Privatization Enter into Force with Huge Tenders
The Bahrain Petroleum Company (Bapco) and the Electricity and Water Authority have started to abandon a large part of their operations for private companies, including the supply of manpower to carry out specific tasks such as maintenance and operation, under the supervision of engineers in the two institutions.
Who Dares to Raise Questions in Bahrain on Gov’t Electricity and Petroleum Arrears?
Contradictory news is being released by the Ministry of Electricity in Bahrain, which cuts off electricity in poverty-stricken areas, depriving those citizens, who cannot provide their basic needs, of electricity while turning a blind eye to the collection of arrears of hotels, ministries and wealthy members of the ruling family.
Bahrain's Bapco Sees Oil Trading Opportunities as it Expands Refinery
Bahrain plans to commission its expanded oil refinery by early 2023, allowing it to sell and trade more petroleum products in the Gulf region and Asia, the chief executive of state-owned oil company Bapco said.
GFBTU Calls on Bapco Leased Workers not to Sign Tatweer Offers under Pressure
The General Federation of Bahraini Trade Unions (GFBTU) Hassan Al-Halwaji called upon the leased workers of Bapco to take their time before accepting "Tatweer's" offer, stating that a call has been made to the Ministry of Labor and union regarding this topic.
NAO Report: $693 Million of Bapco Arrears
The report of the National Audit Office for the years 2017 and 2018 showed that the balance of Bapco’s revenue arrears increased from $295 million at the end of 2014 to $693 million .
158 Bahrainis Threatened to Be Dismissed from Bapco or Work with Unfair Contracts in Tatweer Company: MP
MP Abdulnabi Salman said that a number of Bapco employees are threatened to be dismissed or transferred to Tatweer Company with non-remunerative and unfair employment contracts.
Bapco Refuses Reinstatement of 158 Bahrainis Seconded to Tatweer, Intends to Terminate their Services (MP)
MP Abdulnabi Salman said that Bapco intends to terminate the services of about 158 Bahraini workers through transferring them from Bapco to Tatweer Company.
Reuters: Saudi Crown Prince, Bahrain's King Open New Oil Pipeline
Saudi Crown Prince Mohammed bin Salman and Bahraini King Hamad bin Isa Al Khalifa opened a new oil pipeline between the two countries on Monday, the Saudi Press agency said.