Investment Projects

Bapco Moderinzation Program

The Bapco Modernization Program (BMP) is nogaholding's single largest investment in the course of its long history. The major refining and development project consists of a group of efficiently managed, related projects expected to maximize benefits.

Bapco Modernization Program

Bapco Modernization Program

Estimated Completion Date
Will increase capacity by
Capacity Post Completion
380,000 bpd

Bapco will gain the added advantage of an energy-efficient facility, better equipped to meet more stringent environmental compliance regulatory standards and goals. After the expected completion of the Bapco Modernisation Program in 2023, the Sitra Refinery capacity is expected to increase by 42%, from 267,000 bpd to 380,000 bpd.

Strategic Investments

Major Projects