Bapco has been recognised as one of the main architects of modern Bahrain because of the company’s pioneering role as the first oil company in the Arabian Gulf to export oil. Today, Bapco along with its affiliates remains one of the key contributors to Bahrain’s GDP and an employer of choice to many Bahrainis.
Bapco owns a 267,000 bpd refinery — over one-sixth of the crude originates from Bahrain while the rest is pumped from Saudi Arabia. Over 85 per cent of Bapco’s refined products and crude oil are exported to countries across Africa, the Middle East, the Far East and South East Asia.
Bahrain’s Economic Vision 2030, launched in October 2008 by His Majesty King Hamad bin Isa Al Khalifa, is a comprehensive economic vision for the Kingdom of Bahrain, providing a clear direction for the continued development of the Kingdom’s economy and, at its heart, is a shared goal of building a better life for every Bahraini. The Bapco Modernization Programme (BMP) which is currently underway, is one of the Kingdom’s priority development projects that will inject newer product streams, bring in additional processes and skilled job opportunities, and bolster the company’s credentials as a company dedicated to sustainability.
To be recognised as a dynamic and empowering national energy company competing globally
To sustainably manage and operate an integrated energy business, leveraging best practices and creating value for shareholders, customers and employees
Bringing energy to the world for the enduring prosperity of the Kingdom of Bahrain
Staying ahead of our customers’ energy needs
How we will achieve our vision and mission
A world class safe and sustainable enterprise that provides a solid foundation for realizing Bahrain’s Economic Vision 2030
Leveraging best practices to manage risks, and add value in a fast changing and evolving market
Well-trained, highly skilled and motivated workforce of Bahrainis and multi-cultural professionals reflecting the diversity of Bapco’s customer base.
Bahrain Lube Base Oil Company B.S.C. (Closed) (BLBOC) is a first company of its kind in the region when it was formed in 2009 to build a lube base oil plant manufacturing Group III base oils from the hydrocracker bottoms stream at the Bapco refinery using Chevron Lummus Global ISO Dewaxing Technology along with associated export facilities.
BLBOC is a joint venture with three shareholders: nogaholding and Bapco jointly owning 55 per cent equity while Neste of Finland holding 45 per cent equity.
The production capacity of the Lube Base Oil Plant is 400,000 tonnes a year of Very High Viscosity Index (VHVI), Group III Base Oils. These products are in increasingly high demand in Europe and North America, and serve to meet the requirements of the next generation of lubricant performance and environmental standards. Commercial sales by Bapco of its own branded BAPbase® base oils started in January 2018.
Bahrain Gasoline Blending W.L.L. (BGB) is a joint venture formed in 2016 between nogaholding, Bapco and UK based Greenergy with a goal of optimising and expanding the domestic gasoline business. Operations commenced in February 2017, using Greenergy’s unique blending capability and Bapco’s existing refinery infrastructure to produce and blend gasoline while also bolstering Bahrain’s gasoline supply resilience. The entire risk exposure of the business is managed, and plans are already underway to upgrade facilities and expand the business.
Further information is available at https://www.bgb.bh