INTERVIEW: Bahrain eyes conventional prospects as expensive shale oil plans hit pause

Bahrain is exploring prospects for conventional deposits offshore as it weighs the financial viability of developing shale oil found in its territorial waters in 2018, according to the chief executive of Nogaholding, the kingdom’s energy development arm. “There are prospects for conventional deposits, as well as in our four blocks offshore. We have both conventional prospects, oil and gas, as…