Financial adviser for $6bn refinery expansion to be appointed in December
Bahrain Petroleum Company (Bapco) is expected to appoint an adviser for its planned $6bn refinery expansion project in early December.
The company met the four banks bidding to work on the project in early November. The US’ JP Morgan and France’s BNP Paribas are joint low bidders. The other two bidders are the UK’s HSBC and Germany’s Deutsche Bank.
The mandate is understood to include working on the refinancing of Bapco’s existing debt and options for financing the refinery expansion plans.
You might also like...
Contractors win Oman Etihad Rail packages
23 April 2024
Saudi market returns to growth
23 April 2024
Middle East contract awards: March 2024
23 April 2024
Swiss developer appoints Helvetia residences contractor
23 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.