Angolan state oil company Sonangol has awarded the contract to build its planned Barra do Dande Ocean Terminal (TOBD) to OEC, a subsidiary of Brazilian company Novonor.
TOBD, located 60 km north of the Angolan capital Luanda, will store 580,000 m3 of gasoline and diesel, and 102,000 m3 of LPG. It will cost US$499 million (€421 million) and will be Angola’s largest refined products terminal. OEC will complete the storage terminal, the marine dock and associated infrastructure for the import and export of oil products. The work will begin later in September 2021 and generate 3,500 jobs.
OEC Superintendent Director for Africa, Marcus Azeredo says that OEC’s bid was the most competitive due to the company’s expertise, adding: ‘Eight large companies with global operations participated in the bidding process, which started in January. Fortunately, we were able to offer the engineering project chosen by the customer.’
According to Angolan new agency ANGOP Sonagol has also signed two a contact with Angolan consultancy firm SOAPRO to carry out the environmental impact study. The signing of the contracts was witnessed by Angola’s Secretary of State for Petroleum, José Alexandre Barroso.