News Article
HM King receives HH Shaikh Nasser bin Hamad
03 February 2025His Majesty King Hamad bin Isa Al Khalifa received at Al Sakhir Palace, in the presence of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, His Highness Shaikh Nasser bin Hamad Al Khalifa, Representative of HM the King for Humanitarian Work and Youth Affairs and Chairman of the Board of Directors of Bapco Energies.
The meeting was also attended by CEOs of companies operating under the Bapco Energies group, which is leading Bahrain’s energy transition.
HM the King commended the leading role of HH Shaikh Nasser bin Hamad in advancing Bahrain’s energy sector, commending the achievements made in the ongoing energy transition across various companies in the sector.
HM King Hamad commended the achievements of the energy sector over the past year, which was marked by significant progress in operational efficiency, sustainability, and safety. The HM the King noted that 2023 was a year of remarkable success for this strategic sector, in line with the objectives of Bahrain’s Economic Vision 2030.
HM King Hamad highlighted the launch of the major strategic project undertaken by Bapco Refining to modernise its refinery, which will enable the company to increase its production capacity and enhance its competitiveness in the oil refining industry.
HM the King also commended the global presence and competitiveness of Bapco Energies’ group of companies, highlighting their capability to attract investors and establish impactful partnerships that contribute significantly to the sector’s development.
His Majesty King Hamad commended the companies' commitment to fostering young Bahraini talent across both genders and underscored confidence in Bahraini professionals, who have consistently demonstrated outstanding competence in adapting to the evolving demands of the sector.
HM the King emphasised the industrial companies’ efforts in training and equipping young Bahrainis, who represent a cornerstone of development within this strategic sector and across various other economic sectors.
During the meeting, HH Shaikh Nasser bin Hamad presented a detailed report outlining the key achievements of the Bapco Energies group of companies over the past year.
HH Shaikh Nasser bin Hamad highlighted a series of major accomplishments and strategic partnerships, reviewing the progress of each company in the group. He underscored the significance of Bapco Refining’s historic project to modernise its refinery, which was inaugurated and commenced operations at the end of 2024.
HH Shaikh Nasser bin Hamad commended the success of the new strategy adopted by the Arab Shipbuilding and Repair Yard Company (ASRY), which has enhanced its operations, strengthened global partnerships, and led to the signing of several key agreements.
HH Shaikh Nasser bin Hamad also highlighted the notable progress made by the companies in supporting Bahraini professionals, training programmes, and empowering women in leadership and decision-making roles.
HH Shaikh Nasser bin Hamad noted the record-breaking achievements and global awards received in recognition of compliance with occupational health and safety standards.
HH Shaikh Nasser bin Hamad expressed gratitude for the unwavering support of His Majesty the King and the government, under the leadership of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, in advancing Bapco Energies and its subsidiaries.
HH Shaikh Nasser bin Hamad commended the government's efforts in addressing challenges and supporting the growth of companies, emphasising that the energy sector is poised for further advancements this year in line with Bahrain’s economic vision, reinforcing its sustainability as a cornerstone of the national economy.