Renaissance JMW Energy will be based in Bahrain with key ­offices in Istanbul, New Delhi and Casablanca, and a new one due to open in Buenos Aires next year. The Turkish office will be the technical headquarters, headed up by Arif Yukler, backed up by a research team based in India.

The new company will also be able to access Renaissance’s ­offices in London, New York, Moscow, Almaty and across sub-Saharan Africa.

Renaissance