JUST IN: Namibia, Angola sign oil and gas MoU

The energy ministries of Namibia and Angola have signed a memorandum of understanding (MoU) at this year’s Angola Oil & Gas (AOG) 2022 in Luanda, which will enhance bilateral cooperation in the petroleum and natural gas sector and improve the mutual social, economic and environmental interests between the two countries.This is according to NNN, an online Nigeria news portal.Signed by Namibia’s mines and energy minister Tom Alweeno and his Angolan counterpart, Diamantino Azevedo, the agreement is poised to promote and strengthen cooperation between Angola and Namibia within the fields of petroleum and natural gas by establishing an institutional framework that facilitates the exchange of information, the management of data management and geological studies, and the development of joint projects.“This is going to be an amazing partnership where both Angolans and Namibians can share knowledge and expertise. We can learn a lot from Angola’s successes in the industry. It is important for Namibia to partner with Angolan companies to drive up local content so that Namibians are ready for their jobs, contracts and the empowerment of everyone in the sector,” NNN quoted Alweendo.Additionally, the MoU will address the challenges of the energy transition within the African context and encourage local capacity building between the neighbouring countries through technological cooperation and the transfer of skills.“This is an amazing opportunity for us to work hand in hand with Namibia. This will give Angola a chance to share its skills, lessons learned and to help Namibia have a successful oil and gas sector,” NNN quoted Azevedo.Taking place under the theme, “Promoting an Inclusive, Attractive and Innovative Oil and Gas Industry in Angola”, AOG 2022 seeks to drive bilateral cooperation in Africa, with the MoU between Angola and Namibia expected to play a key role in the hydrocarbon industries and the socioeconomic development of the two countries.

JUST IN: Namibia, Angola sign oil and gas MoU

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Republikein 2025-05-01

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JUST IN: Namibia, Angola sign oil and gas MoU

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