ENI secures oil fields with Italian vessel

One of the major oil producing fields, ENI, has undertaken processes to fortify its operations in the oil and gas sector.

It follows the arrival of Italian ship;Luigi de la Penn in Ghana on Thursday, August 30th 2018.

The presence of the ship here in Ghana will not only see increased trade relations between Ghana and Italy but also more secure borders across the country.

Speaking at a ceremony to welcome the vessel, Italian Ambassador to Ghana, Giovanni Favilli said the presence of the vessel and the team will safe guard key investments between Ghana and Italy such as ENI whose activities in Ghana are concentrated in the exploration and production as well as the refining of oil.

“With one of the main Italian ships in these waters, it will be a very good chance for us to reaffirm our presence here in these waters especially for trade in this area”, he said.

He added, “Another reason is with ENI which is an Italian oil major in these waters and the main target investment in West Africa and one of the major investment providing oil and gas in Ghana. In addition, it shows the support of Italy to Ghana as a result, providing training is one of the main reasons for its presence here.”

The vessel which will depart from Ghana on 2nd September 2018, has on board one hundred and twenty-three (123) navy candidates mainly from Italy and other parts of the world.

The candidates are scheduled to meet with members of the Ghanaian customs and navy to train them on ways to fight piracy.

Addressing the press, Commander of the ship, Arnando Paolo Simi said Ghana was chosen as a stop destination for the ship because of its strategic position which makes trading with other countries easy and also to announce a strong security presence in the area.

“Our Chief of staff sent a ship here in order to maintain the presence and surveillance here because the security of this region is very important. And so the presence of a military ship in this area can increase security and also the strategic position of this country makes it good for trade.”

Source: Citi Business News

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