Private Angolan company builds institute for oil and gas training

26 February 2014

Angola’s Litis Petróleo Company is set to build facilities to house an oil and gas research institute with a capacity to train 800 students, Angolan news agency Angop reported.

The new building, which is expected to cost 700 million kwanzas (US$7.1 million) will have four floors, cover an area of 1,200 square metres and have 18 classrooms, laboratories, a library, a research room and an auditorium.

Emanuel João da Cunha e Sousa, the chief executive of the Litis Petróleo Company, said that the institute would train senior staff specialising in oil and gas in order to drive the country’s development and the business sector.

Litis Petróleo Company, which was founded in 2008, is a trade and services company that sells oil derivatives and recruits staff and currently has 150 scholarship students studying abroad. (macauhub)