Who is BAPCO energy?

Manama, Bahrain - 3 November 2024 – Bapco Energies, the integrated energy company leading the energy transition in the Kingdom of Bahrain, announced during the Gateway Gulf 2024 forum organized by the Bahrain Economic Development Board from Nov

Will BAPCO energies raise cash?

ABU DHABI, Oct 3 (Reuters) - Bahrain's state-owned Bapco Energies could make announcements about raising cash using its assets in the next six months, its chief executive said.

How much money did BAPCO energies raise in sukuk?

Bapco Energies raised another US$1 billion in sukuk in October 2018. In November 2020, Bahrain adopted a strategy for supplying homes, industry, and government buildings with natural gas.

What is BAPCO energy's rebranding strategy?

Bapco Energies, known as nogaholding before a rebrand earlier this year, has completed an operational strategy that Boston Consulting Group worked on. That strategy is "about consolidation of our subsidiary companies into what makes a sensible organizational construct," including centralising business support functions including treasury.

How many subsidiaries does BAPCO energies have?

As of 2022, Bapco Energies owned two corporate subsidiaries and had assets of more than US$ 10.2 billion. In December 2015, Bapco Energies signed an agreement with Teekay Corp., a Canadian -based petroleum shipping firm, to build a liquified natural gas (LNG) import terminal in Bahrain.

How safe is BAPCO refining?

Bapco Refining, a subsidiary of Bapco Energies the integrated energy company leading the energy transition in the Kingdom of Bahrain, has reached a remarkable safety milestone by completing 125 million work hours without a single lost-time injury inv