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September 1, 2025 • 1-minute read
Vinson & Elkins advised Bapco Energies (“Bapco”), the integrated energy company leading the energy transition in the Kingdom of Bahrain, in closing a landmark strategic concession agreement and related joint venture arrangements with EOG Resources Bahrain Awali WLL (“EOG”), a wholly owned subsidiary of the United States independent oil and gas exploration and production company, EOG Resources, Inc. (NYSE: EOG).
The concession agreement, which was signed on August 6, 2025, grants the parties the right to prospect for hydrocarbons within the Kingdom of Bahrain. The partnership brings together Bapco Energies’ national vision with EOG’s international expertise, paving the way for new opportunities in oil and gas exploration that will support comprehensive national development and strengthen energy security within the Kingdom of Bahrain.
Vinson & Elkins advised on all aspects of the concession agreement and related joint venture arrangements, including the sales arrangements for gas and liquid hydrocarbons produced in the concession area.
The Vinson & Elkins team was led by counsel Bader Thabti, with assistance from partner Chris Strong, partner Nadine Amr, senior associate Jacob Panagi, and associates Tom Rhys Jones and Nonku Zondo.
About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.
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