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Downstream

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Downstream

The oil market, after a volatile year, still faces multiple headwinds, says Moin Siddiqi, economist

Owing to a state-led agenda to expand refining, storage and distribution capacity, and with plans to increase its refining capacity to 425,000 bopd, the Angolan economy is set to become a more lucrative and competitive investment space by revamping, modernising and liberalising its downstream sector 

Engineering and maintenance services specialist Sparrows Group has secured a three-year contract to provide crane operations and maintenance services offshore Luanda, Angola