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Companies / Bahrain

Bapco's Offshore Hopes Rest On PTTEP And Oxy

February 2008 | Contract News

On February 25, Bahrain Petroleum Company (Bapco) will award an exploration and production sharing agreement (EPSA) to Thailand's PTT Exploration & Production (PTTEP) for offshore block 2. Great expectations rest on the upcoming offshore exploration programme, which Bahrain is hoping will usher in a new era of upstream success and growing investment. BMI does not share Bahrain's optimism.

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