New initiatives 'key to develop Bahrain's energy sector'

The importance of adopting initiatives that further the development and competitiveness of Bahrain's energy sector, in line with the kingdom's comprehensive development, was highlighted by His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister.

 

HRH Prince Salman's comments came during his meeting with the Chairman and CEO of Baker Hughes, Lorenzo Simonelli, at Riffa Palace, today (Feb 19), a Bahrain News Agency report said.

 

His Royal Highness commended the initiatives aimed at developing and investing in the oil and gas sector to achieve its current and future goals, emphasising that the kingdom will continue its efforts in furthering the energy sector and in adopting innovative solutions that ensure the preservation of the environment.

 

His Royal Highness noted the role of oil and gas conferences and forums in strengthening the frameworks of international cooperation and coordination in the sector, and noted the outcomes of the Middle East Oil, Gas, and Geosciences Show (MEOS GEO) hosted by the Kingdom of Bahrain as part of its efforts to support international cooperation in the oil and gas field.

 

HRH Prince Salman also met with the President of Chevron International Exploration and Production, 

Clay Neff, at Riffa Palace.

 

His Royal Highness highlighted the important role of the oil and gas sector in supporting the Kingdom's comprehensive development, led by His Majesty King Hamad bin Isa Al Khalifa. He emphasised the importance of continuing to develop strategic initiatives that reposition the economy as a smart oil-economy to achieve quality opportunities and long-term sustainable growth.

 

The meetings were attended by Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Humanitarian Work and Youth Affairs, Chairman of the Oil and Gas Holding Company (nogaholding); Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa; and Oil and Environment Minister Dr Mohammed bin Mubarak bin Dainah.

 

Source: https://www.tradearabia.com/news/OGN_406578.html

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