Bahrain discovers largest oil field in country since 1932

DUBAI, United Arab Emirates — The Persian Gulf island nation of Bahrain says it has discovered its largest oil field since the country's first oil well began operation nearly 90 years ago.

The government said Sunday that the new resource is "understood to dwarf Bahrain's current reserves."

Details about the initial findings of size and extraction viability are to be released by the Oil Ministry at a news conference Wednesday.

Bahrain says the tight oil and deep natural gas field was discovered off the west coast of the island in the Khaleej Al Bahrain Basin.

The non-OPEC producer extracts oil from an offshore field it shares with Saudi Arabia and the onshore Bahrain field.

Related News

In Egypt, archaeologists find part of...

Oct 18, 2017

Egyptian archaeologists uncover part of 4,000-year-old wooden statue likely depicting female regent...

Scientists discover hidden chamber in Egypt's...

Nov 2, 2017

Scientists say they have found a previously undiscovered hidden chamber in Egypt's Great Pyramid of...

Archaeologists discover 2 ancient tombs in...

Dec 9, 2017

Egypt's Antiquities Ministry says archaeologists have uncovered two ancient tombs in the southern...

Iran's working class, facing dim prospects, fuels...

Jan 6, 2018

Iran's protests over the past week have been centered in dozens of long-neglected cities and towns,...

Egypt places colossus of Ramses II in atrium of...

Jan 25, 2018

Egypt places giant statue of Ramses II in entrance hall of antiquities museum under construction...

Egypt thanks Eni for gas field efforts despite...

Jan 31, 2018

Egypt's president has again accused unknown parties of being behind the 2016 murder of an Italian...

Sign up now!