Al-Rumamin: Mr. Faisal Mohamed Al Mahroos, Chairman of the Board of Directors of Tatweer Petroleum – Bahrain Field Development Company W.L.L., chaired the Tatweer Petroleum Board of Directors Meeting held on Thursday, 15 December 2022 at the company’s headquarters located in Al-Rumamin.
On behalf of the Board, Mr. Al Mahroos extended his sincere thanks and gratitude for the continuous support that Tatweer Petroleum received from the wise leadership, pledging it to continue the hard work of the company’s Board of Directors, executive management and all employees in order to continue the company’s contributions to supporting the national economy. The Chairman congratulated the leadership on the occasion of the Kingdom’s celebrations of the National Day.
The Board also reviewed the resale operations for 2022, in which oil and gas production targets were met at the level of health, safety and the environment, and the Board also noted the positive achievements of the discovery of two natural gas onshore reservoirs in both the “Al-Joubah” and “Al-Jawf” unconventional layers, and the Board reviewed the targeted areas in the future for oil and gas exploration.
Mr. Al Mahroos also extended his sincere thanks and appreciation to H.H. Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Humanitarian Work and Youth Affairs and Chairman of the Board of Directors of the Oil and Gas Holding Company, for his effective contribution and continuous guidance to enhance the success path of Tatweer Petroleum.
During the meeting, the company’s performance during the last quarter of the year was reviewed with regard to exploration projects and plans and the continuation of oil and gas production rates according to the set plan, while adhering to the company’s commitment to the highest standards of health, safety and environmental protection, in addition to cost rationalization.
The Board concluded the meeting by expressing sincere thanks and appreciation to the Board of Directors and all employees of Tatweer Petroleum, praising their continuous contributions in supporting the company’s march to serve the national economy of the Kingdom of Bahrain.