Money and business in the Middle East.

Oil and gas

Bapco Modernisation Programme (Sitra Refinery)

Bahrain · Operational

The Bapco Modernisation Programme raised the Sitra refinery's capacity to 405,000 barrels per day, a 42% increase, adding 21 new operating units including a residue hydrocracker. The programme was inaugurated in December 2024; in March 2026 Iranian strikes hit the refinery complex and Bapco Energies declared force majeure.

www.bapcoenergies.com/our-projects/bapco-modernization-program-bmp ↗

Owner
Bapco Energies (Bapco Refining)
Main contractor
Technip Energies (formerly TechnipFMC) consortium with Samsung Engineering (now Samsung E&A) and Tecnicas Reunidas
Location
Sitra, Bahrain
Status checked
27 Sept 2026

Verified · updated 28 Sept 2026

Key facts

$7 bn

Announced project value

MEED· Tier 2 · reputable press·Estimate at inauguration, Dec 2024(estimate)·19 Dec 2024·About this indicator

$4.2 bn

Largest awarded contract

TechnipFMC·Awarded Dec 2017·4 Dec 2017·About this indicator

Major projects · Bahrain

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Sources

  1. MEED · meed.com · Tier 2 · reputable press
  2. TechnipFMC · technipfmc.com