On the question of financing the BMP, Dr Bartlett says Bapco
continues to progress its discussions on BMP financing primarily with prospective lenders.
This is undoubtedly the right move for Bapco
Closures to enable us to widen our market and introduce more retailers to our unique closure technology.
personnel concerned arrived on the scene, in addition to Bapco
Oil Spill group which was also mobilised.
Dr Bartlett elaborates on why Bapco
needs to proceed with the BMP: 'We operate an 80-year-old refinery with equipment and units of varying ages.
Shaikh Salman commented: "We thank Bapco
for signing as title sponsors of this year's FIA WEC Six Hours of Bahrain.
Talib said Bapco
believes the new facility with its technology reflects the future of wastewater treatment in refinery applications and notwithstanding Bapco
already meets wastewater discharge legislation it is being constructed to take the specifications it followed to the next generation.
The expansion, which is in line with the country's strategy to increase its crude oil production to 100,000 bpd by 2017 from the current 40,000 bpd, is still subject to the Bapco
board's approval, expected in 2012.
Speaking during a ceremony held yesterday at the Bapco
Club in Awali to celebrate the 80th anniversary of the Bahrain Refinery, Shaikh Mohammed, who is also the chairman of Bapco
, said this was a matter of great pride for the kingdom and more impressive numbers are being projected with the modernisation of the refinery well underway.
Bartlett confirmed in an exclusive interview with Oil and Gas News that Bapco
's strategic goals remain firm in advancing the multi-billion dollar Bapco
Modernisation Programme (BMP), providing important kingdom investment expectations are met.
The CEO of BAPCO
said that Technip and BAPCO
we're collaborating on the project and the final plan would be put up to the board of directors and the rulers of Bahrain for review and further investment in the next 18 months.
has achieved a major milestone in terms of safety and reliability, with the refinery reliability clock (RRC) reaching 90 days without a reset on November 29.