Middle East Economic Survey


No 51/52



New Bids For Bahrain Blocks 1-3 To Be Invited In 1Q 2005

MEES learns that the oil authorities in Bahrain are carrying out a major review of their strategy for inviting bids from international oil companies (IOCs) for exploration contracts. Completion of the review is expected in early 2005, with some kind of bidding process launched in the first quarter of the year for Blocks 1, 2 and 3 that were relinquished by...