His Majesty the King of Bahrain Inaugurates the Kingdoms Largest Strategic Energy Project
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Setting New Standards: One of the Worlds Most Advanced Large-Capacity Refineries with an Unprecedented Safety Record in Construction
MANAMA, Kingdom of Bahrain, Dec. 19, 2024 (GLOBE NEWSWIRE) -- His Majesty King Hamad bin Isa Al Khalifa, King of the Kingdom of Bahrain, alongside His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, inaugurated the Bapco Modernization Project (BMP), marking a defining moment in the Kingdoms energy evolution. As the largest strategic initiative in the Kingdom of Bahrain and Bapco Energies history, this milestone underscores the Kingdoms commitment to innovation, sustainability, and economic diversification.
Coinciding with Bahrains National Day celebrations and the Silver Jubilee of His Majestys accession, commemorating 25 years of His Majestys reign, the event celebrated decades of progress while showcasing the Kingdom of Bahrains energy ambitions for the future. His Majesty toured the A Journey Through Time exhibition, which chronicled the Kingdoms pioneering role in the energy sector, from the discovery of oil in 1932 to present-day achievements and future aspirations, highlighted through state-of-the-art AI technology.
Powering a Sustainable Future
This landmark project reflects the Kingdom of Bahrains enduring commitment to sustainable growth, utilizing the Kingdoms natural energy resources to power economic progress and development. The project plays an important role in the Kingdoms energy transition and its alignment with Bahrains Vision 2030, underpinned by leadership focused on economic recovery and strategic investment.
His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majestys Representative for Humanitarian Works and Youth Affairs, and Chairman of Bapco Energies expressed gratitude to His Majesty King Hamad bin Isa Al Khalifa and His Royal Highness Prince Salman bin Hamad Al Khalifa for their visionary leadership.
We are extremely honored to witness the inauguration of this transformative project under the patronage of His Majesty the King and with the invaluable guidance of His Royal Highness the Crown Prince and Prime Minister. The Bapco Modernization Project is a testament to their unwavering commitment to ensuring the Kingdom of Bahrains position as a global leader in energy innovation and sustainability. This strategic investment is not only a catalyst for economic growth but also a vital step in realizing the Kingdoms vision of a sustainable and resilient future. Bapco Energies remains fully committed to advancing the Kingdoms energy transition and contributing to the broader goals of The Kingdoms 2030 Vision, said His Highness Shaikh Nasser bin Hamad Al Khalifa.
Pioneering Energy Innovation
The Bapco Modernization Project elevates Bahrains refining capabilities and positions the Kingdom as a leader in advanced energy solutions. By integrating cutting-edge technologies, the BMP enhances operational efficiency, reduces carbon emissions, and aligns with international standards.
The project represents the culmination of over ninety years of development in the Kingdom of Bahrains energy sector. With significant investment, it lays the groundwork for continued progress, creating lasting economic value for the Kingdom.
A Vision for the Future
The Bapco Modernization Project is a cornerstone of the Kingdom of Bahrains 2030 Vision, and reinforces its long-term goals of increasing refining capacity, diversifying its energy portfolio, and enhancing efficiency. It positions Bapco Energies amongst the leading energy companies delivering sustainable energy solutions and bolsters the Kingdom of Bahrains position as a global energy innovator.
About Bapco Energies
Bapco Energies is the integrated energy company leading the energy transition in the Kingdom of Bahrain. The company is consolidating the energy value chain to meet Bahrains growing energy demands sustainably. Guided by the Blueprint Bahrain framework, Bapco Energies is committed to achieving carbon neutrality through the implementation of the National Energy Strategy. The Bapco Energies portfolio encompasses wholly-owned subsidiaries Bapco Refining, Bapco Upstream, Bapco Gas, Bapco Tazweed, Bapco Air Fueling and BeVentures.
Bapco Energies Contacts:
For media inquiries please contact communications.hq@bapcoenergies.com
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