The chief executive of Eni, Claudio Descalzi, has met with Crown Prince Salman bin Hamad al-Khalifa, prime minister of Bahrain, and discussed potential opportunities to cooperate on the development of oil and gas assets.
The company said “Eni is also evaluating onshore and offshore opportunities in the upstream sector together with Tatweer Petroleum.” It added: “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 said it discussed the ongoing cooperation with entities in Bahrain “in the frame of a sustainable development framework”.
It said it aims to complement oil and gas with renewables and other decarbonization initiatives, with a focus on developing a carbon capture usage and storage (CCUS) project in partnership with Nogaholding.
It added: “Such an initiative is fully in line with Eni and the kingdom’s respective common target to reach zero carbon emissions.”