OEC will build US 499 million maritime terminal in Angola

After winning an international public tender promoted by Sonangol and initiated in January of this year, OEC, the engineering business of the Novonor Group, signed on Wednesday (Sep/01) , a contract with the state-owned oil company of Angola to build the Barra do Dande Ocean Terminal, located about 60 kilometers north of the capital, Luanda. The work will include the conclusion of the Refined Products Storage Park and the construction of a ship mooring dock, infrastructure considered indispensable for the expansion of import, export and storage capacity of petroleum products in the country.

This is the largest storage terminal in Angola, occupying an area equivalent to 22 soccer fields, a structuring project for the country’s economy due to the need to ensure the maintenance of its strategic reserves of 580,000 cubic meters of liquid fuels (gasoline and diesel oil) and 102 thousand cubic meters of Liquefied Petroleum Gas (LPG), making it possible to improve in the trade balance.

The construction work will start this September, generating around 3,500 direct jobs.

According to OEC’s Managing Director for Africa, Marcus Azeredo, this type of project is a specialty of the company, which gives it greater competitiveness. “Eight large, globally active companies participated in the bidding process, which began in January. Fortunately, we were able to offer the engineering project chosen by the client,” he explains.

History in the Country

OEC has been operating in Angola since 1984. The construction company’s first project in the country was the Capanda hydro power plant, capable of generating 520 MW of power. Since then it has been contributing to local development by carrying out relevant works and investments, for example the Laúca Hydro Power Station, an endeavor that is in the process of being concluded, as well as housing units, express roads, gas pipelines, and the Cabinda refinery, whose contract for preliminary works was recently signed.