Bahrain’s Shura Council has unanimously approved a decree-law that endorses a concession agreement for gas exploration in the Juba and pre-Tawil reservoirs. These reserves are located within the historic Bahrain Field, a significant energy asset for the nation. The approval represents a major step forward in developing the country’s hydrocarbon resources.
The foreign partner involved in the project has committed to a substantial investment of $200 million. This considerable financial commitment demonstrates confidence in Bahrain’s investment climate and regulatory framework. The investment is expected to support the development and exploration activities required to tap into these gas reserves.
The unanimous approval by the Shura Council signals strong governmental support for the initiative. The project is anticipated to contribute to Bahrain’s economic growth and energy sector development.
Source: Gulf Digital News (gdnonline.com) | May 11, 2026