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A media excerpt accompanying this announcement is available by clicking this link.
Setting new standards: One of the world’s most advanced large-capacity refineries with an unparalleled safety record in construction
Manama, Kingdom of Bahrain, December 19, 2024 (GLOBE NEWSWIRE) — His Majesty King Hamad bin Isa Al Khalifa, King of the Kingdom of Bahrain, along with His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, Bapco inaugurated the modernization project (BMP), representing a decisive moment in the Kingdom’s energy development. As the largest strategic initiative in the Kingdom of Bahrain and in the history of Bapco Energy, this achievement confirms the Kingdom’s commitment to innovation, sustainability and economic diversification.
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Coinciding with the National Day celebrations of the Kingdom of Bahrain and the Silver Jubilee of His Majesty the King’s accession to power, marking the 25th anniversary of His Majesty’s rule, this event celebrated decades of progress while showcasing the Kingdom of Bahrain’s energy ambitions for the future. His Majesty the King toured the “Journey Through Time” exhibition, which highlights the Kingdom’s pioneering role in the energy sector since the discovery of oil in 1932 to the achievements of the present and the aspirations of the future, which were highlighted through advanced artificial intelligence technologies. .
Promoting a sustainable future
This historic project reflects the Kingdom of Bahrain’s enduring commitment to sustainable growth, using the Kingdom’s natural energy resources to support economic progress and development. The project plays an important role in the Kingdom’s energy transition and its alignment with Bahrain’s Vision 2030, supported by leadership focused on economic recovery and strategic investment.
His Highness Sheikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Humanitarian Work and Youth Affairs, Chairman of the Board of Directors of Bapco Energy, expressed his gratitude to His Majesty King Hamad bin Isa Al Khalifa and His Royal Highness Prince Salman bin Hamad Al Khalifa for their wise leadership.
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“We are extremely honored to witness the inauguration of this transformative project under the patronage of His Majesty the King and with the invaluable guidance of His Royal Highness the Crown Prince and Prime Minister. The Bapco modernization project is a testament to their steadfast commitment to ensuring the Kingdom of Bahrain’s position as a global leader in energy innovation and sustainability. This strategic investment is not only a catalyst for economic growth, but is also a vital step in achieving the Kingdom’s vision for a sustainable and resilient future. His Highness Sheikh Nasser bin Hamad Al Khalifa said: “Bapco Energy remains committed Completely advancing the energy transformation in the Kingdom and contributing to achieving the broader goals of the Kingdom’s Vision 2030.”
Pioneering innovation in energy
The Bapco modernization project works to raise Bahrain’s refining capabilities and position the Kingdom as a leader in advanced energy solutions. By incorporating cutting-edge technologies, BMP enhances operational efficiency, reduces carbon emissions, and complies with international standards.
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The project represents the culmination of more than ninety years of development in the energy sector in the Kingdom of Bahrain. With significant investments, it lays the foundation for continued progress, creating lasting economic value for the Kingdom.
A vision for the future
The Bapco modernization project is a cornerstone of the Kingdom of Bahrain’s Vision 2030, and advances its long-term goals of increasing refining capabilities, diversifying its energy portfolio, and enhancing efficiency. It places Bapco Energy among the leading energy companies providing sustainable energy solutions and enhances the Kingdom of Bahrain’s position as a global innovator in the field of energy.
About Bapco Energy Company
Bapco Energy is the integrated energy company leading the energy transition in the Kingdom of Bahrain. The company works to strengthen the energy value chain to meet the growing energy demand in Bahrain in a sustainable manner. Guided by the Bahrain Blueprint framework, Bapco Energy is committed to achieving carbon neutrality through the implementation of the National Energy Strategy. Bapco Energy’s portfolio includes wholly-owned subsidiaries Bapco Refining, Bapco Upstream, Bapco Gas, Bapco Supply, Bapco Air Fueling and B Ventures.
Bapco Energy Company Contacts:
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