The Bahraini National Oil and Gas Authority (NOGA) and Eni Rewind company have signed a memorandum of understanding (MoU) to jointly identify and promote opportunities for water, soil and waste management and repurposing in Bahrain, a press release reported.
The agreement was signed by Naser Sultan AlSowaidi, NOGA’s CEO; and Paolo Grossi, CEO of Eni Rewind in attendance of Shaikh Mohammed bin Khalif Al Khalifa, Minister of Oil; and Claudio Descalzi, Eni’s CEO. The signature ceremony was held via videoconference.
This agreement will enable expansion of cooperation between the two sides in order to reach innovative solutions in favor of the circular economy. This transaction is considered another step in their collaboration to enhance Bahrain’s energy sector.
Mr. Nasser Sultan Al Suwaidi expressed his pleasure for signing such MoU, commenting that “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.”
For his part, Eni Rewind’s CEO Paolo Grossi commented “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.”