{"id":37547,"date":"2022-10-27T08:46:00","date_gmt":"2022-10-27T05:46:00","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=37547"},"modified":"2026-03-28T02:04:35","modified_gmt":"2026-03-27T23:04:35","slug":"nogaholding-appoints-boston-consulting-group-to-support-national-energy-strategy-development","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/nogaholding-appoints-boston-consulting-group-to-support-national-energy-strategy-development\/","title":{"rendered":"nogaholding Appoints Boston Consulting Group to Support National Energy Strategy Development"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Manama, Bahrain \u2013 27 October 2022:&nbsp;<\/strong>The Oil and Gas Holding Company B.S.C (\u201c<strong>nogaholding<\/strong>\u201d) has appointed the Boston Consulting Group (BCG), one of the world\u2019s 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.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This announcement comes as nogaholding undergoes a strategic transformation in line with the vision of His Majesty King Hamad bin Isa Al Khalifa and His Royal Highness Shaikh Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, for the sector. The National Energy Strategy and the Operating Strategy will facilitate and drive the transition of the nogaholding Group of companies from a traditional oil and gas only focus into a more progressive and responsible group of energy companies.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Strategy will also pave the way and prepare the oil and gas sector for the journey towards delivering a more sustainable, long-term approach aligned with the Bahrain Economic Vision 2030 and the Kingdom\u2019s net-zero goals outlined by His Royal Highness the Crown Prince and Prime Minister at COP26.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To develop the National Energy Strategy, a Steering Committee will be appointed and will include senior officials from various ministries and other key stakeholders.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Group Chief Executive Officer of nogaholding, Mr. Mark Thomas, commented: \u201cnogaholding is committed to transitioning its operations and aligning them with the aspirations of the Government of Bahrain and His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majesty\u2019s Representative for Humanitarian Works and Youth Affairs and Chairman of nogaholding. By working closely with BCG, we aim to deliver energy security, maximize the value of Bahrain\u2019s natural resources, while also decarbonizing and moving to alternative energy sources over the next decade.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">BCG, established in 1963, has and continues to work closely with both the public and private sectors globally to develop strategies that help accelerate business transformations and deliver tangible benefits supporting the set business, social,\u00a0\u00a0economic and climate targets.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manama, Bahrain \u2013 27 October 2022:&nbsp;The Oil and Gas Holding Company B.S.C (\u201cnogaholding\u201d) has appointed the Boston Consulting Group (BCG), one of the world\u2019s 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.&nbsp; [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":37548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-37547","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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