Bahrain has entered talks with Halliburton for the country’s pre-Khuff gas development, in which the United States-based company hopes to become an investor, according to a manager at Bahrain Petroleum Co. (BAPCO). Halliburton has also been lined up for a contract to drill wells in the Khaleej Al-Bahrain Basin, which holds Bahrain’s largest oil and gas discovery.
Bahrain received bids from Halliburton and Schlumberger to develop its pre-Khuff gas reserves. Proposals were assessed against three criteria: the volume of gas companies said they could produce; the...
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