Technical Focus

BP Angola project shoots US$4 billion over budget

offshore angola-eschipul flickrA BP oil development project off the coast of Angola has overshot its budget by US$4bn after being delayed by more than a year

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Engineering company OCEON 'third fastest growing firm in Nigeria'

OCEONGlobal Oceon Engineers Nigeria Limited (OCEON), an onshore, offshore and subsea engineering design firm, has been named the third fastest growing private company in the West African country

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LPRC and Petro Trade/Sultan Steel sign facility deal worth US$3.4 million in Liberia

oil terminal liberia-michael kent wikimedia commonsThe Liberia Petroleum Refining Company (LPRC) and Petro Trade/Sultan Steel, an importer and distributor of mixed gasoline, have signed a US$3.4mn deal that will aim to transform Ganta Oil Terminal into a state-of-the-art loading compound

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BP South Africa to invest US$596 million in upgrading refineries and infrastructure

refinery BP-Avishai Teicher wikimedia commonsBP South Africa will invest US$596mn over the next five years to improve oil refining and storage in its African operations, which will include the upgrading of South Africa's largest oil refinery

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Dangote to boost Nigeria’s oil production with US$8 billion refinery

refinery nigeria-azza-bazoo flickrNigerian billionaire Aliko Dangote has announced that he will invest US$8bn into the construction of a new oil refinery that will double Nigeria’s current refining capacity

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