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19 May, 2015

Energy Minister Highlights Oil History and Sustainability


  



A Bahrain British Business Forum (BBBF) networking event was hosted by the Kingdom of Bahrain on Tuesday, May 19, where Minister of Energy His Excellency Dr. Abdul Hussain bin Ali Mirza was the keynote speaker. The forum was attended by more than 450 BBBF members, comprising of Bahraini and British businessmen and managers from various production and service sectors. The Minister gave the forum a brief introduction on the history of the oil in the Kingdom of Bahrain since the discovery of oil in 1932, to pioneer the Gulf Cooperation Council oil find. He underlined the key role of British oil companies in developing the oil and gas sector in Bahrain. He commended the various training programmes in place to develop skills and build competencies of Bahraini oil and gas workers and professionals. He talked about the restructuring of the oil and gas sector, since the Royal Decree No. (63) for the year 2005 for the establishment of the National Oil and Gas Authority (NOGA) to secure Bahrain’s oil and gas needs with a view towards continuing economic growth, improving living standards, and ensuring energy sustainability in the kingdom.



At the end of the forum, the minister answered queries from participants who expressed their satisfaction over the topics reviewed and oil facts exchanged and appreciation over the shared history of the two countries. They thanked the Minister for delivering the keynote address. Members wished the Kingdom further development and prosperity.


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