Significant work has been accomplished on various projects to deliver Bapco’s strategic
objectives of sustainability, financial stability, and people development while continuing
the Company’s license to operate through strict adherence to personnel and process safety
requirements and environmental standards and procedures. As documented in this annual
report, we achieved a world-class health and safety performance within all aspects of our
business and, in parallel, surpassed operational reliability expectations and achieved the
highest ever mechanical availability for our facility.
Under the wise guidance of our Bapco Board Chairman, Mr. Abdulla Jehad Al Zain, fruitful
discussions with our business partners took place during the year, leading to opportunities
to improve the progress of the BMP and achieve our objective of a safe and reliable
commissioning by the end of 2023. We also successfully completed the HUB1 Turnaround
and Inspection (T&I), which has been the largest T&I undertaken by the Company in its
history in terms of magnitude and complexity of the T&I scope of work. We also continued
with a key driver behind “Bapco of Tomorrow,” which is the recruitment of the next cadre
of Bahrainis, with the hiring of over 220 Bahrainis in 2022 for various technical and non-
technical positions. Bapco is creating opportunities for the next generation to develop
and achieve their own success, making a fundamentally important contribution to the
sustainability of the Kingdom. As a result of these efforts, I am extremely proud that
the Company was awarded the King Hamad Youth Empowerment Award to Achieve
Sustainable Development Goals, which is an internationally accredited award judged by a
panel of external adjudicators. The Company has also received prestigious recognition for its
efforts to recruit and employ the highest number of Bahraini nationals during the Ministry
of Labour 37th annual ceremony honouring prominent private-sector establishments.
We are equally proud that our second sustainability report was issued during the year, for the
period 2020-2021, which meets the rigorous requirements of the ‘comprehensive standard’,
demonstrating Bapco’s support for the 17 Sustainable Development Goals (SDGs). The report
also has a special feature on women at Bapco, and in particular, women of influence and
seniority. As recognition for these diversity and inclusion efforts, Bapco received the HRH
Princess Sabeeka bint Ibrahim Al Khalifa Award for Bahraini Women Advancement, which
is a further validation of the strong and committed vision of the Company.
As Bapco moves on to the next chapter in its transition towards a more agile, modern, safe
and profitable company, it takes pride in the contributions made by its most precious asset,
its employees, who demonstrate the spirit of cooperation, teamwork and dedication that
is the essence of the “Bapco of Tomorrow.” These accomplishments would not have been
possible without the continuous support of the Kingdom’s invaluable leadership, through
the guidance provided by HH Shaikh Nasser bin Hamad Al Khalifa, Representative of His
Majesty the King for Humanitarian Work and Youth Affairs, Chairman of the Board of
Directors of the Oil and Gas Holding Company (nogaholding), and the esteemed Board of
Directors, chaired by Mr. Abdulla Jehad Al Zain. On behalf of the whole Bapco family, I would
also like to take the opportunity to thank His Majesty King Hamad bin Isa Al Khalifa, His
Royal Highness the Crown Prince, and Prime Minister Prince Salman bin Hamad Al Khalifa
for their unwavering support and directives to ensure that Bapco achieves its vision of
being the best refinery amongst its peers.
Bapco continues on its transformative journey in the Kingdom’s oil and gas sector as it strives
to achieve the “Bapco of Tomorrow.” I look forward to working with my colleagues within
the Bapco Executive Management and with our professional and dedicated employees to
achieve further successes in 2023 as we progress the BMP and start to bring systems and
units online, as well as improve the commercialism, financial performance and governance
of the Company. Our journey to become the “Bapco of Tomorrow” is progressing well, and
the future is bright for our beloved Company and Kingdom.
DR. ABDULRAHMAN JAWAHERY
Chief Executive Officer
The Bahrain Petroleum Company B.S.C. (CLOSED) - Bapco