Preparations are currently underway in Bahrain for the official opening of the Lube Base Oil Plant, a joint venture between Bahrain Petroleum Company (Bapco), Neste Oil of Finland and Nogaholding.
The plant will be officially opened by His
Bahrain-based Skaugen Gulf Petrochem Carriers, a company specialized in Olefins, liquefied natural gas (LNG) marine transportation, could invest up to half a billion dollars in the Kingdom, said a top official.
Skaugen Gulf Petrochem
Bahrain’s new base oil plant, a joint venture of Bahrain Petroleum Company (Bapco), Neste Oil and Nogaholding, has started commercial production.
The plant produces premium quality VHVI (very high viscosity index) group III base oils for u
Bahrain-based investment bank Capital Management House (CMH) and National Oil and Gas Authority's nogaholding company have entered a joint venture to take a controlling interest in a leading Norwegian-owned petrochemical logistics business.