Eni Congo Sponsors $30 Million Search for Oil, Renewable Energy
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Eni SpA’s unit in the Republic of Congo will sponsor a $30 million research center that will search for oil and renewable energy, government spokesman Thierry Moungalla said.
The center, located in President Denis Sassou Nguesso’s home town of Oyo, about 420 kilometers (261 miles) north of the capital, Brazzaville, will also support oil companies awarded exploration blocks in the region, Moungalla said by phone Thursday.