MAJOR BAHRAIN SHALE OIL AND GAS FIND COULD CREATE MAJOR DEMAND FOR FRACKING MINERALS
February 1st, 2019
WITH Bahrain investigating its first major oil find in 86 years, the mineral sector will be keeping a close eye on exploration because this is an offshore shale oil and gas resource that will need fracking inputs to extract hydrocarbons.
“It is definitely very unique, a one of a kind oil find in shallower waters close to shore,” said Edgar van der Meer, senior research analyst at NRG Expert, in London.
The find, announced last April (2018) by the country’s National Oil and Gas Authority, is in the Khaleej Al Bahrain Basin, offshore to the west and south ...
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