In Cameroon, towards fast-tracking the start-up of operations at the port in Kribi, the government has granted state-owned Société Camerounaise des Dépôts Pétrôliers (SCDP) and Canada's Blaze Energy Ltd, a contract to fund, construct and operate an oil and gas terminal at its new deep-water port complex. The Port in Kribi which comprises of terminals for container and raw goods is to...

Towards establishing Equatorial Guinea as the first storage location for oil and petroleum products in West and Central Africa, SacOil is to join the association of Taleveras Group, Gunvor Group and the Strategic Fuel Fund in developing the Bioko Oil Terminal tank farm. The facility will be led by the country’s Ministry of Mines, Industry and Energy. “The entry of a fourth partner company...

The Ministry of Mines, Industry and Energy in Equatorial Guinea has signed a MoU with the Taleveras Group, Gunvor Group, and the Strategic Fuel Fund to build a storage tank farm on Bioko Island. The Bioko Oil Terminal is to include a key amount of crude oil storage space as well as storage for associated petroleum products. It will serve the Gulf of Guinea region and also facilitate processing...

Towards reducing the time ships wait at the port as a result of limited storage space, Vivo Energy a leading oil marketing company has decided to open storage tanks with a 14 million oil storage capacity in Mombasa. According to officials, the expansion is to save the country exorbitant demurrage charges enforced by shipping lines for keeping vessels waiting due to limited storage capacity. The...

Following the Minister of Petroleum and Mineral Resources Tareq el Molla’s declaration that Egypt will be a regional center for energy of oil and natural gas, the country has today revealed plans to engage a third Floating Storage and Regasification Unit (FSRU). The FSRU is to allow Egypt to keep up with its imports of natural gas to meet growing domestic demand as well as import LNG and...

Nigeria has granted 30 construction licences to private refineries in order to cut the country’s reliance on imports. “More than 30 licenses for refineries have been granted and private refineries will be allowed to build near the state-run units so they can benefit from the available infrastructure. In the medium term we will be able to get cheaper pump-price oil because we will be...

Survitec, a company that supplies mooring systems to the offshore market, has provided an ExxonMobil oil field in Angola with a 180-meter single leg mooring hawser The rope which weighs just under nine tonnes, and with a diameter of over 150mm, provides a Minimum Breaking Load (MBL) of 924 tonnes. The rope is to be used to moor a large offloading tanker to a Floating Production Storage Off...

Engen South Africa’s oil and gas company has recently increased its supply capacity to southern African countries with the launch of the Beira Terminal in Mozambique. The new terminal is targeted at strategically boosting security of supply and to strengthen the supply chain in the region. The terminal was officially launched on September 4. Petroleumafrica reports The 24,000 meter² Beira...

UAE-based trader Gulf Petrochem says it is focusing on East Africa to increase its storage capacity and enhance growth The company executive director S Thangapandian told Oilreviwafrica it plans to ramp up storage capacity in Dar es Salaam and Mombasa. An agreement to lease storage of about 100,000 cu/m to store mainly gasoil and gasoline in the region is expected to be finalised by December....

African Oxygen (Afrox), the JSE-listed gas provider says it has secured an R80-million contract to supply bulk oxygen and nitrogen to pulp and paper manufacturer Sappi’s Ngodwana mill, in Mpumalanga. The long-term contract, which would commence in April 2016 for an anonymous period of time, formed part of the gas firm’s strategy of growing volumes and market share, Afrox MD Schalk Venter...