Eni Ghana, Italian Agency Sign LOI To Advance Sustainable Development Initiatives

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ENI and partners pose for the cameras after signing the agreement

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.

The agreement seeks to mobilise resources and strengthen partnerships that foster inclusive development in host communities where Eni operates.

Under the LOI, Eni Ghana and AICS will collaborate in key areas including education, technical and vocational education and training (TVET), agriculture and value chain development, water, sanitation and hygiene (WASH), community health, nutrition and food security, as well as broader economic diversification initiatives. The two institutions indicated that additional areas of cooperation could be identified over time.

Speaking at the signing ceremony in Accra, the Managing Director of Eni Ghana, Maurizio Pinna, said the partnership demonstrates the company’s enduring commitment to improving the well-being of people living in its operational communities.

“This Letter of Intent reflects our unwavering commitment to the communities where we operate. 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,” he stated. We look forward to what this collaboration will achieve for the people in our host communities and beyond, Mr Pinna added.

According to Eni Ghana, the collaboration contributes to the achievement of the United Nations 2030 Agenda for Sustainable Development and reflects the shared commitment of both parties to maximising impact through coordinated initiatives and jointly implemented projects.

Eni 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.

The company is the operator of the Offshore Cape Three Points (OCTP) project with a 44.4 per cent interest, alongside Vitol (35.6 per cent) and the Ghana National Petroleum Corporation (GNPC) (20 per cent).

The company noted that the OCTP project helps to meet approximately 70 per cent of Ghana’s gas demand for power generation.

Beyond its energy operations, Eni said 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 Ghana is structured around three strategic pillars: education, vocational training and decent work; health; and agri-food ecosystems.

The signing of the LOI marks another step in efforts by Eni Ghana and AICS to advance sustainable development initiatives and improve livelihoods in communities across the country.

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