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FINANCIAL NEWS
Bahrain’s Bapco plans big refinery expansion
16 Jun 2016
(MENAFN) Bahrain Petroleum Company (Bapco), A State-run firm, has initiated bidding to expand its Sitra oil refinery, industry sources report.
The big expansion is set to cost nearly USD5 billion and It aims to increase processing capacity to 360,000 barrels per day from its current 267,000 bpd.
Bapco said last year it would make a final decision on whether to expand its Sitra oil refinery in 2016.
Bapco has announced some of companies that are planning to submit bids: Japan’s JGC Corp and South Korea’s GS; Technip, Daewoo E&C; and CB&I and Petrofac.
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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