In 2009, Bapco Upstream W.L.L. assumed responsibility for the stewardship and revitalization of the mature Bahrain Field and the execution of all activities related to the petroleum operations pursuant to the terms and conditions of the Development and Production Sharing Agreement (DPSA).
As of July 2016, Bapco Upstream became wholly owned by Bapco energies, which acts as the steward for the Government’s investment in a diversified range of energy-related companies. Bapco Upstream has since become responsible for all upstream operations in the Kingdom of Bahrain, including oil and gas exploration, development, and production activities, in addition to gas distribution and sales.
Bapco Upstream’s primary goal is to increase the production of oil and the availability of gas in order to meet the future energy demands of the Kingdom of Bahrain, in line with the Kingdom’s Economic Vision 2030.
Bapco Upstream utilizes the latest oil exploration, production, and recovery technologies whilst upholding its commitment to the highest standards of health, safety, and environmental protection, and most importantly the development of Bahraini nationals. This will support Bapco Upstream’s contribution to energizing the Kingdom’s economic growth and social prosperity while maximizing value for stakeholders.