BAHRAIN’S UNIQUE OFFSHORE SHALE FIND COULD DEVELOP NEW EXTRACTION TECHNOLOGY
January 1st, 2019
BAHRAIN’S first oil find since 1932 is of major economic significance to the small Gulf state, which has been less reliant on hydrocarbons than its oil and gas rich Gulf neighbours. But it is also of global significance, being a unique, conventional-unconventional offshore shale find in shallow waters.
Last April (2018), Bahrain announced it had found an estimated 81.5 billion barrels of oil and 390 billion cubic metres of associated gas in the Khaleej Al Bahrain Basin, which is offshore to the west and south of the archipelago-state, in territorial waters ...
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