Bapco board approves new investment, new CEO

16 July 2004
A meeting of the board of Bahrain Petroleum Company (Bapco)has approved a $120 million refinery gas desulphurisation project (RGDP). The scheme is part of the company's strategic investment programme, worth more than $1,000 million and aimed at upgrading Bapco's 250,000-barrel-a-day Sitra refinery to meet increasingly stringent environmental standards for its core middle distillate products (Oil & Gas, MEED Special Report, 28:11:03, pages 36-38).

The RGDP calls for installation of additional and improved sulphur recovery and sour water stripping facilities, including a revamp of the existing desulphurisation unit, installation of a new olefinic gas treatment unit and replacement of a current sulphur recovery unit. The approval of the project follows the award last December of the contract for the largest element in the investment programme, the installation of a low-sulphur diesel production unit, to Japan's JGC Corporation(MEED 2:1:04).

The board meeting also approved the appointment of Hussain Tadayon as Bapco's new chief executive. Tadayon, a Bahraini who first joined the company in 1967, has been acting chief executive since May 2003 following the departure of Johann Lubbe.

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