ENI S.p. A and The National Oil and Gas Authority of the Kingdom of Bahrain (NOGA) have signed a memorandum of agreement (MoU) with the objective of pursuing future petroleum exploration in Block 1, a largely unexplored offshore area situated in the northern territorial waters of the Kingdom of Bahrain. Block 1 is an area covering 2,800 square kilometers with a depth between 10 and 70 meters.