Monday 19 April 2021

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

MANAMA, January 17, 2021

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, in this field and its specialists in terms of expertise and modern technologies for managing water, soil and industrial waste, providing environmentally-friendly solutions.

Nasser Sultan Al Suwaidi said: “Noga is pleased to sign the memorandum with Eni Rewind, which represents a new step in the record of cooperation between the two sides in issues relating to the environment, as it includes launching new initiatives in areas of common interest.

“These initiatives that the Water Resources Management Unit at Noga is working on are aligned with the other 10 initiatives regarding integrated management of water resources and sustainability objectives.  Through the  memorandum,  Noga  will benefit from the advanced technology expertise that Eni Rewind possesses in the treatment recycling  and  use  of  water  in  the  energy  sector,  as  well  as  waste  treatment  and  soil reclamation.”

Eni  Rewind’s  CEO  Paolo  Grossi  stated:  “Eni  Rewind,  thanks  to  a  long-standing experience as Eni’s global contractor in remediation and waste management, is gradually developing environmental projects and services for clients outside the Group, both in Italy and  abroad,  in  countries  where  Eni operates.  We are honoured and eager to partake in environmental projects in the Kingdom of Bahrain through the important partnership signed today with Noga.

“This memorandum sets the stage and is testimony to the mutual ambition to consolidate alliances for sustainable development, in order to tackle the energy transition challenge together, protecting the environment and regenerating natural resources; a path undertaken by Eni since 2014.”

Eni  has  been  present  in  Bahrain  since  2019,  being  the  sole  owner  and operator  of  the offshore exploration Block 1. – TradeArabia News Service


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