Long dependent on Saudi largesse, Bahrain has discovered major unconventional oil and gas reserves off its western coast. The GCC’s smallest producer plans further development wells in 2018 as it seeks to emerge as the region’s unlikely shale pioneer.

 

Bahrain on 1 April announced the end-2017 discovery of “a new tight oil and deep gas reserve in the Khaleej Al Bahrain Basin” off its west coast (see map). Analysis of the discovery has been conducted by...