Angolan and Namibian Sign Oil Sector Cooperation Deal

Angolan and Namibian Sign Oil Sector Cooperation Deal

The Angolan Association of Oil and Gas Services Companies (AECIPA) and the Namibian Association of Offshore Oil and Gas Service Providers (NAOGSP) signed, on Monday August 28th, in Windhoek, an agreement to cooperate in strengthening the oil and gas industries. gas from the two countries.

Under the terms of the agreement, AECIPA and NAOGSP will cooperate in several areas, including enhancing economic and commercial benefits for members, sharing industry information, research and development of new technologies, regulatory compliance and exchange on market trends .

Knowledge Ipinge, founder of NAOGSP, said the association “wants to collaborate with AECIPA to cultivate a mutually beneficial relationship.

By synchronizing our efforts, we can unlock opportunities and address shared challenges in oil and gas services.”

The agreement is expected to promote the expansion of Angola and Namibia’s energy sectors, facilitating the exploration and realization of investment opportunities in both industries.

Additionally, the collaboration aims to promote exchange on best practices to drive technological advancements among industry stakeholders and improve the ability to “navigate” evolving market trends.

The partnership will ensure industry alignment with changes in environmental regulations and local energy policies for sustainable development.

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