Phase 2 expansion of the Bahrain National Gas Company
Bahrain will soon be awarding the contracts for the Phase 2 expansion of the Bahrain National Gas Company (Banagas), increasing Banagas processing capability by 350 million cubic feet of associated gas. To read more click here.
New gas processing facility in Bahrain
Petrofac will have it’s first project in Bahrain installing a new gas dehydration facility. It will be 500mm cubic feet and will be the first of a series over the next three to five years. To read more click here.
Contracts worth $300 mn signed between Bahrain and Saudi Arabia for new oil pipeline
Contracts worth $300m have been signed to construct a new 350,000-barrel per day (bpd) oil pipeline between the two countries, with the link due to be operational in 2018. To read more click here.
New oil pipeline to be established between Bahrain and KSA this year
Bids have been made for the construction of the new oil pipeline between Bahrain and KSA, replacing the old pipeline which is unable to meet technical needs due to its age. To read more click here.
PRIME Announces our ISO 9001:2008 Certification
September 7, 2015 PRIME’s Management and Team are proud to announce that we are now certified as an ISO 9001:2008 compliant organization. ISO, the International Organization for Standardization, is a global, nongovernmental standards-writing body who has published more than 20,500 International Standards and related documents, covering almost every industry across business, government and society. IOS […]
Dragon City to open in December 2015
A 780 outlet retail and wholesale development will be open in Bahrain as part of the National Day festivities in December of this year. Chinamex vice-chairman Z J Kung said “The city will be a major destination for tourism, retail selling and leisure, with visitors expected to exceed three million annually,”. To read more click here.
Bahrain’s non-oil sector grows 5% in first quarter
Constituting more than 80 percent of Bahrain’s GDP, Bahrain’s non-oil sector saw strong growth at 5.0 percent in the first quarter of 2015, the Bahrain Economic Development Board (EDB) revealed. To read more click here.
New Bahrain Marina to feature 5 star hotel
The expected completion will be in 2019 and is to be of a modern urban design. It will consist of residential, entertainment, leisure and marina facilities spreading across almost 150,000 square metres. To read more click here.
60,000sqm Public Park to Be Built
The 60,000 sqm park will include a tree conservation area, jogging track, playing fields, children’s play area and a sand dune park and will include scupltures by Bahraini artists. The park will be built by a Malaysian firm and will be located in Hamad Town. To read more click here.
Foreign Direct Investment Increase in 2014
The UN Conference on Trade and Development (UNCTAD) World Investment Report 2015 shows that FDI inflows as a percentage of gross fixed capital formation increased in 2014 to 22.4, compared with 19.3 percent in 2013. To read more click here.
