Portfolio Companies

Tatweer Petroleum

Tatweer Petroleum – Bahrain field development company W.L.L. assumed responsibility for the stewardship and revitalization of the mature Bahrain field and the execution of all activities related to the petroleum operations in December 2009.

Tatweer
Year of Establishment
2009
Business Sector
42,400 barrels per day
Shareholding
100% owned by nogaholding
Barrels Per Day

0

Barrels Per Day
Year of Establishment

0

Year of Establishment
Owned by nogaholding

0 %

Owned by nogaholding

Tatweer Petroleum is responsible for the exploration and development of the Bahrain Field, including the prospecting for exploration, appraisal, development, production, collection, storage, treatment, processing, and transportation of petroleum to specified delivery points. Tatweer Petroleum generates revenue through the receipt of service charges based on oil and gas production costs through the cash call mechanism with nogaholding. As of July 2016, nogaholding acquired 100% interest in Tatweer.