Bahrain to Award Deep Gas Deal in First Half 2010

According to the Beirut Bureau of Zawya Dow Jones, the Gulf State's National Oil and Gas Authority (NOGA) is mulling over two exploration bids from Canadian Natural Resources and U.S.-based Occidental Petroleum Corp. for a deep gas exploration project.

Bahrain's oil and gas minister Abdul Hussain Mirza confirmed to local media that NOGA will award the deal to one of the companies during the first half of 2010.

On June 25, 2009, Reuters announced the deep-gas tender, noting that Bahrain was seeking to develop its onshore natural gas fields at a depth of up to 20,000 feet (6,096 meters) below sea level to meet rising demand for gas supplies.



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