Bahrain National Oil Company (BANOCO)
BAHRAIN NATIONAL OIL COMPANY (BANOCO)
State-owned oil company.
The Bahrain National Oil Company was established in 1976, following the decision of the government of Bahrain to assume a direct 60 percent interest in Bahrain's petroleum business—which previously was totally owned by Bahrain Petroleum Company (BAPCO). By 1981, BANOCO took over the complete management and operation of offshore oil exploration, producing, and refining activities.
see also bahrain.
Bibliography
Nyrop, Richard, ed. Persian Gulf States: Country Studies. Washington, DC: U.S. Government Printing Office, 1985.
Emile A. Nakhleh
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Bahrain National Oil Company (BANOCO)
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Bahrain National Oil Company (BANOCO)