*** Bapco Energies Stays Course on Growth Strategy | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Bapco Energies Stays Course on Growth Strategy

  • Board approves 2025 financials and endorses 2026 budget
  • Chairman shares outcomes of US energy talks with Secretary Wright

Bapco Energies held its second quarter Board of Directors meeting, chaired by His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majesty's Representative for Humanitarian Works and Youth Affairs and Chairman of Bapco Energies.

HH Shaikh Nasser briefed the board on his recent visit to the United States, where he met US Secretary of Energy Chris Wright to discuss bilateral energy cooperation and the impact of regional conflict on Bahrain and the Bapco Energies Group.

The board reviewed the group's financial and operational performance. It approved the audited financial statements for the year ended 2025 and endorsed a consolidated adjusted budget for 2026 that aligns with its strategic objectives.

CEO Mark Thomas updated the board on key growth indicators and progress on major initiatives, including the Bapco Modernisation Project and Upstream projects.

The board reaffirmed Bapco Energies' commitment to Bahrain's long-term economic development, energy security, and stakeholder value creation.