The Oil and Gas Holding Company B.S.C. (nogaholding) and the Arab Petroleum Investments Corporation (APICORP) have signed a memorandum of understanding (MoU) to promote collaboration.

Under the MoU, nogaholding will benefit from APICORP’s experience as the Arab energy sector partner, which will allow to support nogaholding ’s strategic initiatives and projects crucial to the future of Bahrain’s energy sector. The partnerhsip wil include sharing knowledge and best practices in the fields of Environment, Social and Governance (ESG), sustainability and green financing. 

The MoU will allow APICORP to achieve their goals of supporting the Arab enaergy sector in  balanced energy transition that facilitate socioeconomic growth.