NOGA-Eni Rewind joins hands for the development of circular economy

  • Date: 14-Jan-2021
  • Source: 24×7 News
  • Sector:Oil & Gas
  • Country:Bahrain
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NOGA-Eni Rewind joins hands for the development of circular economy

Manama/Milan: The National Oil and Gas Authority (NOGA) of the Kingdom of Bahrain and Eni Rewind, Eni's environmental company, signed a memorandum of understanding in the presence of H.E.  Shaikh  Mohammed  bin Khalifa  Al  Khalifa,  Minister  of  Oil  and  Claudio  Descalzi,  Chief  Executive  Officer  of  Eni.

Through the memorandum, signed via videoconference by H.E.  Naser  Sultan  AlSowaidi, CEO of NOGA and Paolo Grossi, CEO of Eni Rewind, both sides 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. Today's 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, in this field and its specialists in terms