Noga set to sign deal with Italian ENI

Manama, Apr.27 (BNA): Bahrain has reached an agreement with the Italian multinational oil and gas Eni company to develop the northern concession 1. The National Oil and Gas Authority (Noga) will sign the commercial deals with the Italian firm, said Oil Minister Shaikh Mohammed bin Khalifa Al-Khalifa, adding that a draft law would be referred to the Council of Representatives and the Shura Council to be endorsed. The minister made the press statement on the sidelines of his patronage of the annual Bapco Green School Award 2018-2019. “Noga is now gathering information regarding the analysis of the seismic and geological data of concessions 2, 3 and 4 in the north of Bahrain”, he said, adding that international companies would be invited to participate in the exploration later. He revealed that Bapco is studying a project to make use of carbon dioxide for injection into the Bahrain Field to increase the output when extracting oil. Noga is also studying plans to cooperate with Government departements in carrying key projects such as the fish farming and tree planting across Bahrain.