Eni, partners to splash billions on Angola project

17 August 2012, Sweetcrude, LUANDA – ITALY’s oil major, Eni, and its partners in Block 15/06 off Angola are set to go on a multi-billion dollar spending spree from 2013.

They are planning a second floating, production storage and offloading vessel, FPSO, for the oil block.

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  • Africa must take ample advantage of this renewed interest in the continent to get out of the morass of decay and dearth of infrastructure that has dogged the growth and development of the continent.