Accra, June 16, GNA – Eni Ghana has signed a Letter of Intent (LOI) with the Italian Agency for Development Cooperation (AICS) to explore strategic partnerships aimed at advancing sustainable development initiatives in Ghana.
Through the LOI, Eni Ghana and AICS will work together to mobilise resources and strengthen partnerships that foster inclusive development in host communities, a release copied to Ghana News Agency said.
Areas of cooperation include Education, Technical and Vocational Education and Training (TVET) and the agriculture and value chain development.
Others are Water, Sanitation and Hygiene (WASH), Community Health, Nutrition and Food Security, and broader economic diversification initiatives.
Speaking at the signing ceremony, Maurizio Pinna, the Managing Director of Eni Ghana, described the LOI as a commitment to the communities in the company’s operational area.
“Partnering with AICS allows us to align our efforts with the UN 2030 Agenda and deliver meaningful, lasting impact; from vocational training to clean water access.
“We look forward to what this collaboration will achieve for the people in our host communities and beyond,” he stated.
Eni Ghana said the collaboration contributes to the achievement of the United Nations 2030 Agenda for Sustainable Development and reflects the shared commitment of both parties to maximizing impact through coordinated initiatives and jointly implemented projects.
The company has been present in Ghana since 2009 through offshore hydrocarbon exploration and production activities and currently reports equity production of approximately 40,000 barrels of oil equivalent per day.
It is the operator of the OCTP project with a 44.4% interest, alongside Vitol (35.6%) and Ghana National Petroleum Corporation (20%), helping to meet approximately 70% of the country’s gas demand for power generation.
Beyond energy operations, the joint venture’s portfolio of projects includes initiatives in the areas of training, economic diversification, access to water and sanitation and improved access to energy.
AICS expanded its presence in Ghana in March 2021, when its Ouagadougou office assumed technical responsibility for the country, followed by the opening of an office in Accra in December 2021.
Since 2024, Ghana has been recognised as a priority country for Italian Development Cooperation.
Italy’s cooperation framework in the country is structured around Education, Vocational Training and Decent Work; Health; and Agri-food ecosystems.
GNA
Edited by Beatrice Asamani Savage