Bahrain, the Arabian Gulf’s smallest oil producer, has made two new gas discoveries amid efforts by the government to boost natural gas production in the country.
The new discoveries were made in the unconventional Al Juba and Al Jawf reservoirs, Bahrain News Agency reported on Wednesday, citing an announcement by Bahrain’s energy investment and development arm Nogaholding.
It did not provide details on the total estimated reserves of the two new discoveries.
The latest discoveries and positive results have provided the necessary information that will allow for the further evaluation of wells “to benefit from all potentials of the promising natural gas resource”, chairman of Nogaholding Sheikh Nasser bin Hamad said.
“This information available to us paves the way for the future development and production of the natural gas resource in the interest of the kingdom of Bahrain.”
The UAE and Saudi Arabia have also announced new gas discoveries this year. In February, Adnoc announced the discovery of significant natural gas resources of up to two trillion standard cubic feet off Abu Dhabi's coast.
Saudi Arabia also discovered a number of new natural gasfields in different regions of the country.
The new gasfields were discovered in the central region, the Empty Quarter, near the northern border and in the eastern region of the country, the Saudi Press Agency said earlier this year.
In 2018, Bahrain, said it had found up to 20 trillion cubic feet of gas offshore and 80 billion barrels of shale oil, which it hopes to produce in five years with the potential help of international energy companies.
Demand for gas has surged in recent years, as top energy-consuming nations focus on cutting emissions to limit global warming and protect the environment.
Global trade in LNG rose 6 per cent to 380 million tonnes in 2021, Shell said in a report in February. China, the world's second-largest economy, and South Korea led growth in LNG demand last year.
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COMPANY PROFILE
● Company: Bidzi
● Started: 2024
● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
● Funding size: Bootstrapped
● No of employees: Nine
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Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
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Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
Ukraine
Capital: Kiev
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Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
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Buy farm-fresh food
The UAE is stepping up its game when it comes to platforms for local farms to show off and sell their produce.
In Dubai, visit Emirati Farmers Souq at The Pointe every Saturday from 8am to 2pm, which has produce from Al Ammar Farm, Omar Al Katri Farm, Hikarivege Vegetables, Rashed Farms and Al Khaleej Honey Trading, among others.
In Sharjah, the Aljada residential community will launch a new outdoor farmers’ market every Friday starting this weekend. Manbat will be held from 3pm to 8pm, and will host 30 farmers, local home-grown entrepreneurs and food stalls from the teams behind Badia Farms; Emirates Hydroponics Farms; Modern Organic Farm; Revolution Real; Astraea Farms; and Al Khaleej Food.
In Abu Dhabi, order farm produce from Food Crowd, an online grocery platform that supplies fresh and organic ingredients directly from farms such as Emirates Bio Farm, TFC, Armela Farms and mother company Al Dahra.
Genesis G80 2020 5.0-litre Royal Specs
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Wales 20-19 France
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The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
Mobile phone packages comparison
The specs: 2018 Nissan Altima
Price, base / as tested: Dh78,000 / Dh97,650
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Power: 182hp @ 6,000rpm
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Uefa Champions League final:
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Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
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Auron Mein Kahan Dum Tha
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