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

January 14, 2021
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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 of expertise and modern technologies for managing water, soil and industrial waste, providing environmentally-friendly solutions.

“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 are working on are aligned with the other ten 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,” H.E. Mr. Nasser Sultan Al Suwaidi, said.

“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,” Paolo Grossi , CEO  Eni  Rewind, said.

Tags: NOGA-Eni Rewind
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