Manama, November 8 (BNA) His Majesty King Hamad bin Isa Al Khalifa, in the presence of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, received today at Sakhir Palace the representative of His Majesty the King to the United Arab Emirates. Humanitarian Works and Youth Affairs, Chairman of the Board of Directors of the Oil and Gas Holding Company (nogaholding), His Highness Sheikh Nasser bin Hamad Al Khalifa, and members.
His Highness Sheikh Nasser bin Hamad Al Khalifa presented a brief explanation to His Majesty the King about the discovery of two reservoirs of natural gas in each of the two unconventional layers, “Al-Joubah” and “Al-Jawf”, which are located under the gas-producing layer. – Khazani fear and Unayzah.
His Highness said that the announcement of the discovery came after the implementation of the excavation evaluation and tests in the “Al-Joubah” reservoir and the completion of two wells in the “Al-Jawf” reservoir, and their results were encouraging in principle. quantity and production opportunities.
His Highness Sheikh Nasser bin Hamad Al Khalifa added that these important discoveries are in line with the vision and ambition of His Majesty King Hamad bin Isa Al Khalifa and His Royal Highness the Crown Prince and Prime Minister Prince Salman bin Hamad Al Khalifa to enhance the country’s natural resources. Bahrain.
During the meeting, His Majesty the King thanked His Highness Sheikh Nasser bin Hamad Al Khalifa and the new board members for their dedicated efforts in developing the oil and gas sector, wishing them further success.
His Highness Sheikh Nasser bin Zayed Al Nahyan expressed his sincere thanks and gratitude to His Majesty the King for the meeting and the valuable guidance. He stressed the importance of the discoveries in providing the necessary information to move forward in the further evaluation of the wells required to take full advantage of the promising natural gas resources. “This information available to us paves the way for the future development and production of the natural gas resource for the benefit of the Kingdom of Bahrain,” he said.
His Highness highlighted the latest developments and achievements of nogaholding and its associated companies, as well as efforts to build a more sustainable business model.
His Highness Sheikh Nasser bin Zayed Al Nahyan briefed His Majesty on a number of future projects and strategic initiatives to be launched next year, in line with the vision of His Majesty the King and the aspirations of His Highness the Crown Prince and Prime Minister to develop the oil and gas sector. in the Kingdom of Bahrain.
AOQ