National Energy Strategy, This announcement comes as nogaholding undergoes a strategic transformation
The Oil and Gas Holding Company (nogaholding) Bahrain has appointed the Boston Consulting Group (BCG), one of the world’s leading management consulting firms, to assist in the development of a National Energy Strategy for the Kingdom of Bahrain and build a supporting Operating Strategy for nogaholding and its portfolio companies.
This announcement comes as nogaholding undergoes a strategic transformation in line with the vision of HM King Hamad Bin Isa Al Khalifa and HRH Shaikh Salman Bin Hamad Al Khalifa, Crown Prince and Prime Minister, for the sector.
To develop the National Energy Strategy, a Steering Committee will be appointed and will include senior officials from various ministries and other key stakeholders.
“By working closely with BCG, we aim to deliver energy security, maximize the value of Bahrain’s natural resources, while also decarbonizing and moving to alternative energy sources over the next decade,” affirmed Mark Thomas, Group CEO, nogaholding.