Leader
7 Nov 2022

HM King receives HH Shaikh Nasser bin Hamad, nogaholding board membersالترجمة

His Majesty King Hamad bin Isa Al Khalifa received, in the presence of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, at Sakhir Palace today Representative of His Majesty the King for Humanitarian Works and Youth Affairs, Chairman of the Oil and Gas Holding Company (nogaholding), His Highness Shaikh Nasser bin Hamad Al Khalifa, and members.

 

HH Shaikh Nasser bin Hamad Al Khalifa presented a briefing to HM the King on the discovery of two natural gas reservoirs in each of the unconventional "Al-Juba" and "Al-Jawf" layers, which are located under the gas-producing "Al-Khuf" and "Al-Onaiza" reservoirs.

 

His Highness said that the announcement of the discovery comes after the implementation of the evaluation excavation and tests in the "Al-Juba" reservoir and the completion of two wells in the "Al-Jawf" reservoir, the results of which were encouraging in terms of quantity and production opportunities.

 

HH Shaikh Nasser bin Hamad Al Khalifa added that these significant discoveries are in tune with the vision and ambition of His Majesty King Hamad bin Isa Al Khalifa and HRH the Crown Prince and Prime Minister, Prince Salman bin Hamad Al Khalifa to boost natural resources in the Kingdom of Bahrain.

 

During the meeting, HM the King thanked HH Shaikh Nasser bin Hamad Al Khalifa and nogaholding board members for their dedicated efforts to develop the oil and gas sector, wishing them further success.

 

HH Shaikh Nasser expressed most sincere thanks and gratitude to HM the King for the meeting and valuable directives. He stressed the importance of the discoveries in providing the needed information to go ahead with further required evaluation of the wells to benefit from the promising natural gas resource to the fullest. "This information available to us paves the way for the future development and production of the natural gas resource in the interest of the Kingdom of Bahrain," he said.

 

His Highness spotlighted the latest developments and achievements of nogaholding and its associated companies as well as the efforts made in building a more sustainable work model.

 

HH Shaikh Nasser briefed HM the King about a number of future projects and strategic initiatives set to be launched next year, in accordance with the vision of HM the King and the aspirations of HRH the Crown Prince and Prime Minister to develop the oil and gas sector in the Kingdom of Bahrain.