A BP oil development project off the coast of Angola has overshot its budget by US$4bn after being delayed by more than a year
BP Angola project shoots US$4 billion over budget
Technology
Engineering company OCEON 'third fastest growing firm in Nigeria'
Global 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
LPRC and Petro Trade/Sultan Steel sign facility deal worth US$3.4 million in Liberia
The 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
BP South Africa to invest US$596 million in upgrading refineries and infrastructure
BP 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 Africas largest oil refinery
Aker Solutions awarded GirRI Phase 2 project
Technip has awarded Aker Solutions a contract to deliver umbilicals for the Girassol Resources Initiative (GirRI) Phase 2 development offshore Angola
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