Angola and Italian group ENI work together on renewable energy, health and oil and gas research

15 November 2019

The Angolan Government has signed five agreements with Italian oil group ENI, notably in the areas of renewable energy, health and oil and gas research, in a ceremony held on Wednesday in Rome, during the visit by President João Lourenço to the Vatican City.

In addition to the signing of the documents, two of which were related to oil activity, namely exploration in maritime block 1/14, where the ENI group operates with a 35% stake, and in the Cabinda Centro block, both in Cabinda province, a memorandum of understanding was also signed by ENI CEO Claudio Descalzi and representatives of the Angolan government, according to the Angop news agency.

Minister of Mineral Resources and Oil, Diamantino de Azevedo, said at the end of the ceremony that the agreements on the two oil blocks “contain a strong technology transfer component for Sonangol (Sociedade Nacional de Combustíveis de Angola).”

The parties have also signed other non-oil and gas agreements, one related to supporting the Ministry of Health in training health specialists and health centre equipment and the other a partnership between Sonangol and ENI, in the renewable energy area.

“A concession contract has been signed (…) for the construction of a photovoltaic plant in Caraculo, in the province of Namibe, so that we can also contribute to the national energy matrix,” said the minister.

An agreement was also signed between the Ministry of Mineral Resources and Petroleum and ENI for a development project, which will start in the province of Cabinda and will provide about 6,500 jobs by encouraging small entrepreneurs in various areas such as fishing, agriculture and vocational training. (Macauhub)