Italian energy company Eni has signed agreements for the evaluation of exploration and production activities in Bahrain.
Authorities in the country have signed four agreements between the state Bahrain Petroleum Company (Bapco), Tatweer Petroleum and Eni, in an effort to assess certain upstream assets in the region.
The undersigning took place in the presence of oil minister H.E. Sheikh Mohammed Bin Khalifa Al-Khalifa during a visit to the country by Eni’s CEO Claudio Descalzi.
As part of the agreement, Eni will have access to data for the study of oil and gas field potential within offshore and onshore areas.
At the end of the studies, Bahrain authorities and Eni will evaluate the possibility of future initiatives in the Kingdom, with the view to cooperate for further developments of the country's energy resources.
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