Through the agreements, the two companies have established the framework for the development of joint mining initiatives in Angola and abroad; the execution of a pilot project in food and biodiesel; and non associated gas development projects related to block 15/06 in Angola.

The framework agreement follows the Production Sharing Contract (PSC) for Block 35 pre-salt exploration area in the deepwater Kwanza Basin, which was signed on December 20, and the Memorandum of Understanding, signed on November 22, for the realization of a feasibility study aimed at building a new refinery in Lobito.

Eni said that this operation confirms Angola as one of the key countries in the company’s growth strategy.