Bahrain’s Noga, Eni unit partner on circular economy drive

  • Date: 17-Jan-2021
  • Source: Trade Arabia
  • Sector:Economy
  • Country:Bahrain
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Bahrain’s Noga, Eni unit partner on circular economy drive

The  National  Oil  and  Gas Authority  (Noga)  of  Bahrain and Eni Rewind, the Italian oil major's environmental  company, have signed an agreement towards joint  initiatives  for the recovery of soil, water and waste resources in Bahrain.

The memorandum of understanding (MoU) was signed recently via videoconference by Naser Sultan AlSowaidi, CEO of Noga and Paolo Grossi, CEO of Eni Rewind.

The agreement, signed in  the  presence  of  Shaikh  Mohammed  bin Khalifa  Al  Khalifa,  Minister  of  Oil  and  Claudio  Descalzi,  Chief  Executive  Officer  of  Eni, will jointly seek to identify and  promote  opportunities  for  water,  soil  and landfill  management  and  repurposing  in Bahrain, contributing to the progress in implementing the United Nations 2030 Global Goals for sustainable development.

The  agreement  marks  another  step  in  the  collaboration  between  Noga  and  Eni  to strengthen the cooperation in the energy sector in Bahrain, achieved through the launch of new initiatives in areas of mutual interest, including exploration, LNG supply and renewable energy.

The MoU will contribute towards opening wider horizons of joint cooperation in order to reach innovative solutions in favour of the circular economy, taking advantage of the three principles: reduce, reuse, and recycle.

The partnership will benefit from the long-standing experience of Eni Rewind, Eni's environmental company,