Crown Prince of Bahrain Meets CEO of ENI

Source: www.gulfoilandgas.com 6/21/2022, Location: Middle East

The meeting between Eni CEO Claudio Descalzi and His Royal Highness Prince Salman bin Hamad Al Khalifa, the Prime Minister of Bahrain, was held today to discuss the development of Eni's activities in Bahrain, which are currently concentrated on gas production and carbon capture, energy transition, and circular economy. Additionally, the CEO of Eni met with His Highness Shaikh Nasser bin Hamad Al Khalifa, Chairman of the Oil & Gas Holding Company Nogaholding, and H.E. Dr. Mohamed bin Mubarak bin Daina, Minister of Oil & Environment.

Eni CEO Claudio Descalzi and the Prime Minister, Salman bin Hamad Al Khalifa, discussed the ongoing cooperation aimed at strengthening the partnership in the frame of a sustainable development framework, complementing oil and gas with renewables and other decarbonisation initiatives, with focus on the development of a carbon capture usage and storage (CCUS) project in partnership with Nogaholding. Such initiative is fully in line with Eni and the Kingdom’s respective common target to reach zero carbon emissions.

Eni and Nogaholding further discussed potential joint cooperation initiatives, including solutions for upstream production optimization in deep gas structures, bio-refinery and bio-feed upstream.

Eni, through its environmental company Eni Rewind, is already partner with Nogaholding on evaluating business opportunities for the management and valorisation of water, soil, landfill and industrial waste leveraging Eni’s proprietary technology e-hyrec.

Eni is also evaluating onshore and offshore opportunities in the upstream sector together with Tatweer Petroleum.

Eni has been present in the Kingdom of Bahrain since 2018.


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