Nogaholding, German Business Community hold webinar on energy transition

TDT | Manama

The Daily Tribune – www.newsofbahrain.com

Group Chief Operating Officer of The Oil & Gas Holding Company (nogaholding), Mark Thomas, outlined the company’s new direction in The Energy Transition in Bahrain Chances, and Challenges webinar hosted by the German Business Community on Wednesday.

The webinar, moderated by the Deputy Delegate of German Industry & Commerce for Saudi Arabia, Bahrain and Yemen, acted as a knowledge-sharing platform featuring speakers from the Energy sector in Bahrain and Germany and explored potential opportunities for growth within both countries.

Nogaholding CEO, Mark Thomas, highlighted the company’s new direction towards sustainable energy, addressing the challenges facing the Kingdom, and touched upon elements of a multipronged approach to transition the company’s operations into responsible energy production and stem oil & gas-based consumption within the Kingdom.

“With a solid plan in place, Bahrain could easily become one of the countries that can shift its consumption patterns towards more sustainable sources. Through initiatives like this webinar, we look towards opening up channels of communication with countries that face similar challenges, such as Germany, to benefit from a shared knowledge platform and global expertise in our quest towards enhancing the energy sector in the Kingdom of Bahrain,” he stated.

Ellen von Zitzewitz, from the Federal Ministry for Economic Affairs and Climate Action, outlined Germany’s Climate Energy & Hydrogen Policy as part of the Bilateral Energy Cooperation amongst nations. Dr Abdulla Alabbasi from the Bahrain Center for Strategic, International and Energy Studies, DERASAT, addressed the theoretical and practical considerations of accelerating the transition to renewable energy in Bahrain.

Dr Hanan Albuflasa from the Renewable Energy Labs in the Department of Physics at the University of Bahrain highlighted Bahrain’s role in the international renewable energy market.