MANAMA, Bahrain, Jan. 30 /Xinhua-PRNewswire/ -- PFC Energy International, part of PFC Energy, a strategic advisory firm in global energy, announced the establishment of a local branch in Bahrain, pending final registration procedures. The Bahrain-based operation will launch a world-class advisory firm in the Kingdom, with access to the full professional capabilities, databases, analytical skills and long-standing relationships of the parent company. PFC Energy has always been closely engaged in the Gulf, with client relationships in every GCC country, for well over two decades.
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Vahan Zanoyan, Chairman and CEO of PFC Energy International, commented: "Bahrain would be a great host environment for an advisory firm like ours. We believe our presence in Bahrain will allow us to better serve our clients in the Middle East and in Asia. We look forward to expanding and deepening our already active involvement in the next economic transformation of the region."
Headquartered in Washington, DC, PFC Energy is a leading strategic advisory firm in global energy with main offices in Houston, Paris, London, Lausanne, Buenos Aires and Kuala Lumpur. PFC Energy's clients include all major international oil and gas companies, many national oil companies, oilfield service companies, financial institutions and government agencies and ministries involved in energy policy and energy-driven economic development. PFC Energy specializes in energy sector strategies, competition, commercial opportunities, as well as geopolitical forces affecting energy policy and energy economics, and provides innovative and insightful solutions to a host of energy-sector problems and questions.
"We have known PFC Energy for well over two decades," said Shaikh Hamad bin Ebrahim Al Khalifa, the Chairman of Banagas, "and we are delighted that they have decided to establish a prominent presence in the Kingdom. This will add to the diversity and robustness of the professional services sector in Bahrain."
PFC Energy-Bahrain, as the local entity will be named, expects to start operations next month, and will build a cadre of professionals to augment the capabilities of the parent company in the region.
For more information, please contact:
PFC Energy International
Mr. Vahan Zanoyan
Tel: +973-367-00009
