Bahrain Petroleum Company
THE BAHRAIN PETROLEUM COMPANY (B.S.C.) CLOSED
BAPCO, wholly owned by the Government of Bahrain, is engaged in the oil industry including exploration and prospecting for oil, drilling, production, refining, distribution of petroleum products and natural gas, sales and exports of crude oil and refined products.
The company owns a 260,000 barrel-a-day refinery, storage facilities for more than 14 million barrels, a marketing terminal, and a marine terminal for its petroleum products. Ninety-five per cent of refined products are exports.
BAPCO's prime customers for crude oil and refined products are based in the Middle East, India, the Far East, South East Asia and Africa, and production of low sulphur diesel in 2007 will allow expansion in the European and US markets.
EXPLORATION AND DEVELOPMENT
BAPCO carries out extensive studies on a continuous basis to explore - with the use of advanced techniques and methods - new oil and gas reserves and obtain more accurate data on the existing reserves.
DRILLING AND PRODUCTION
To maintain production from Bahrain Field at optimum levels, advanced drilling techniques are applied to new wells, as well as working over existing wells. As a result of increased demand by the growing industrial base in Bahrain, BAPCO has expanded its gas facilities and increased its natural gas production capacity.
The Bahrain Refinery - one of the largest in the Middle East and the oldest in the GCC - refines over 260,000 barrels of crude every day. About one-sixth of this crude originates from Bahrain Field, the remainder is pumped from Saudi Arabia in pipelines extending 27 kilometers over land and a further 27 kilometers under the sea before reaching the northwest coastline of Bahrain.
There are more than 170 storage tanks at different sites with a total capacity of over 14 million barrels.
Liquefied Petroleum Gas (LPG), Naphtha, Gasoline, Kerosene, Aviation Turbine Fuel, Ultra Low Sulphur Diesel, Heavy Lube Distillate, Fuel Oil and Asphalt.
BAPCO exports crude oil to world markets and sells petroleum products locally and internationally. It also supplies and sells aviation fuel at the Bahrain International Airport through its affiliate, The Bahrain Aviation Fueling Company (BAFCO), in which the company is a 60% shareholder. The company also provides the full requirements of natural gas to the power generating plants and other industries in the country.
TRAINING AND DEVELOPMENT
BAPCO is pressing ahead with its ambitious human resource management programme to ensure that the skills of its workforce match the technological and business demands of this new millennium. In addition, its scholarship and sponsorship programmes support more than 300 students in higher education in Bahrain and abroad.
ENVIRONMENT, HEALTH & SAFETY
Protection of the environment continues to be a major focus of the company's policy. In line with best practice, BAPCO has created an EHS policy that integrates the functions of Occupational Health, Industrial Safety and Environment. A founder member of the Regional Clean Sea Organization (RECSO), the company remains at the forefront of technical expertise in oil spill response. A clearly set out policy, a range of protective clothing and equipment, full training and strict monitoring form BAPCO's ongoing commitment to the prevention and control of accidents and emergencies. The company has worked up to 12 million employee-hours without lost-time accident.