Namibia, Angola sign oil and gas agreement

Namibia and Angola signed a memorandum of understanding at this year’s Angola Oil & Gas in Luanda, which will enhance bilateral cooperation in the petroleum and natural gas sector and improve mutual social, economic and environmental interests between the two countries.

This is according to NNN, an online Nigerian 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 the countries by establishing an institutional framework that facilitates an 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,” Alweendo was quoted as saying.