Bahrain's largest oil find estimated at 80 billion barrels

Bahrain has announced the discovery of 80 billion barrels of shale oil, the island nation's largest oil and gas find ever.

Bahrain's oil minister and energy executives detailed the find at a press conference, saying the tight oil was discovered in the offshore Khalij al-Bahrain Basin, which spans 770 square miles in shallow waters off the country's west coast.