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 Tuesday, 28 March 2023, at the company’s headquarters located in Al-Rumamin, which was followed by the General Assembly of the Shareholders Meeting.
On behalf of the Board, Mr. Al Mahroos expressed his sincere gratitude and appreciation for the continued support that Tatweer Petroleum received from the wise leadership and directives of H.M. King Hamad bin Isa Al Khalifa, King of Bahrain, and H.R.H. Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, and 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 (nogaholding), for their effective contribution and continuous guidance to enhance the path of success in Tatweer Petroleum. Pledging to continue the hard work of the company’s Board of Directors, executive management and all employees for the continuation of the company’s contributions to support the national economy. The Chairman also congratulated the wise leadership on the occasion of the holy month of Ramadhan.
The Board proceeded to review the Chairman’s report for year 2022 on the activities and financial performance of Tatweer Petroleum over the year 2022 and congratulated the Chairman on the company’s performance in 2022.
During the meeting, the company’s performance in the first quarter of the year was reviewed with regards to exploration projects and plans, and the continuation of oil and gas production rates in accordance with 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 its sincere thanks and appreciation to the Executive Management 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.