• Contact
Tuesday, February 10, 2026
  • Login
The African Business - News About African business
  • Home
  • EconomyNew
    Emmerson Mnangagwa

    Zimbabwe’s president defends land seizures from whites and touches on the idea of superiority

    Corredor do Lobito 02

    Angola: Lobito Corridor Should Become a “True Engine of Economic Transformation,” Says President

    beispielprojekt solar angola 1

    Africa solar capacity seen rising sixfold after 2025 record

    Trending Tags

  • Business
    corredor do lobito

    Another Shipment of Copper and Cobalt Carried Out Through the Lobito Corridor

    Negocios de Angola foto

    Nigeria set to take over Africa’s automotive future as Innoson CNG plant nears completion

    dangote

    Dangote appoints MTN CEO to fertiliser unit board with IPO plans

    Agostinho Kapaia

    Angolan tycoon Agostinho Kapaia launches first vehicle assembly plant in Luanda

    Patrice Motsepe

    Patrice Motsepe joins $4 billion club amid mining rally and global expansion

    chickenprocessline082017bloomberg1022

    Removing VAT from chicken offers immediate response to low purchase power, food insecurity – SAPA

    Standard Bank

    Top African lender Standard Bank loses more dealmakers to Absa

    Paul van Zuydam

    Africa’s richest country gets a new dollar billionaire, Paul van Zuydam

    gold

    Gold, platinum and silver smash records again

  • Finance
    Standard Bank

    South Africa banks curb lending over climate-related default risks, study finds

    Armando Jorge Mota

    Armando Jorge Mota Announced as New CEO of Sanlam Angola Seguros

    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
  • Home
  • EconomyNew
    Emmerson Mnangagwa

    Zimbabwe’s president defends land seizures from whites and touches on the idea of superiority

    Corredor do Lobito 02

    Angola: Lobito Corridor Should Become a “True Engine of Economic Transformation,” Says President

    beispielprojekt solar angola 1

    Africa solar capacity seen rising sixfold after 2025 record

    Trending Tags

  • Business
    corredor do lobito

    Another Shipment of Copper and Cobalt Carried Out Through the Lobito Corridor

    Negocios de Angola foto

    Nigeria set to take over Africa’s automotive future as Innoson CNG plant nears completion

    dangote

    Dangote appoints MTN CEO to fertiliser unit board with IPO plans

    Agostinho Kapaia

    Angolan tycoon Agostinho Kapaia launches first vehicle assembly plant in Luanda

    Patrice Motsepe

    Patrice Motsepe joins $4 billion club amid mining rally and global expansion

    chickenprocessline082017bloomberg1022

    Removing VAT from chicken offers immediate response to low purchase power, food insecurity – SAPA

    Standard Bank

    Top African lender Standard Bank loses more dealmakers to Absa

    Paul van Zuydam

    Africa’s richest country gets a new dollar billionaire, Paul van Zuydam

    gold

    Gold, platinum and silver smash records again

  • Finance
    Standard Bank

    South Africa banks curb lending over climate-related default risks, study finds

    Armando Jorge Mota

    Armando Jorge Mota Announced as New CEO of Sanlam Angola Seguros

    Nigeria asks banks to save forex gains amid currency risks

    Nigeria asks banks to save forex gains amid currency risks

    PayPal finally launches Apple Pay support for its credit and debit cards

    PayPal finally launches Apple Pay support for its credit and debit cards

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    TLG Capital launches ₦2.25B collateralized credit facility for OnePipe

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    Silicon Valley Bank: Global bank stocks slump despite Biden reassurances

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    [Kenya] Digital credit provider Tala disbursed Sh240 billion in loans in eight years

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Nigeria launches payments card program to rival Visa and Mastercard

    Nigeria launches payments card program to rival Visa and Mastercard

  • Opinion
  • Lifestyle
  • Sports
  • Green Economy
No Result
View All Result
The African Business - News About African business
No Result
View All Result
Home Business

Cabinda Refinery equipment successfully tested in Houston, US

TAB by TAB
03/05/2022
in Business
0
Cabinda Refinery equipment successfully tested in Houston, US
0
SHARES
20
VIEWS
Share on FacebookShare on Twitter

Cabinda Refinery equipment successfully tested in Houston, US

The equipment to be installed at the Cabinda Refinery was successfully tested Monday in Houston in the US and will be shipped to Angola during the next couple of days.

Related posts

corredor do lobito

Another Shipment of Copper and Cobalt Carried Out Through the Lobito Corridor

09/02/2026
4
Negocios de Angola foto

Nigeria set to take over Africa’s automotive future as Innoson CNG plant nears completion

03/02/2026
6

Angola is the second biggest sub-Saharan Africa oil producer after Nigeria which produces 1.6 million barrels of crude barrels per day but lacks adequate refining capacity.

Angola’s Cabinda province is geographically separated from the rest of the country and produces up to 70 per cent of Angola’s oil revenues that makes up half of the country’s GDP. It has a population of 400,000 people.

“The Factory Acceptance Test verifies and certifies that the equipment produced and packaged meets the defined functionality and objectives, before delivery at destination, and is one of the decisive moments in the construction of all refineries similar to the Cabinda one.”

According to a statement from the Angolan state-owned oil company Sonangol, the tests were carried out at the facilities of VFuels, the company responsible for building the equipment.

Mr Diamantino Azevedo, the southern African country Minister for Mineral Resources, Oil and Gas witnessed the tests.

The result of the Factory Acceptance Test was positive, and the equipment will now be sent to Angola and assembled in Cabinda, the statement added.

The construction of a 30,000 barrel per day modular crude oil distillation unit, the biggest ever produced by VFuels is among other innovations of the equipment.

This is the biggest single-line modular crude distillation unit built so far worldwide and is an integral part of the Cabinda refinery.

“The conclusion of tests marks a fundamental moment for the global implementation of the strategy defined by the Angolan government, which aims for the country’s independence in terms of production of oil derivatives”, the statement quoted Mr Diamantino de Azevedo as saying.

“This is, in fact, a crucial step for the Cabinda refinery to start production and, at the same time, for the pursuit of the objectives we defined at the beginning of our term of office,” he was further quoted.

Mr Gaspar Martins considered the step a very important milestone for the Angolan government’s refining strategy, which aims at making the country independent from imports of refined products.

“We are going to use the natural resources we have to produce refined products on Angolan soil, with Angolan citizens,” he said.

Atanas Bostandjev, CEO of Gemcorp, cited in the statement, said he was pleased with the results achieved and, above all, with the end of a stage that is crucial for the Cabinda Refinery to start operating this year.

“Gemcorp has been committed to contributing to the development of Angola and its economy, and the Cabinda refinery is one of our most relevant projects, as it will change the paradigm of the oil and gas sector in the country, create jobs and generate added value for the province,” Mr Atanas Bostandjev, CEO of Gemcorp said during the event.

Cabinda Refinery equipment successfully tested in Houston, US

Previous Post

Pascaline Icyizere: Financial services and Cybersecurity

Next Post

Next Post
fastrand

RECOMMENDED NEWS

Angola improves financial system

Angola: A story of economic populism gone amuck

1 year ago
14
MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

3 years ago
23
Kenya Airways and South African Airways to form new airline to launch in 2023

Kenya Airways and South African Airways to form new airline to launch in 2023

4 years ago
10
See what Kenya is using to attract investment from global EV firms

See what Kenya is using to attract investment from global EV firms

2 years ago
13

BROWSE BY CATEGORIES

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Ads

Categories

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized
The African Business - News About African business

We bring you the best Premium news about African Business.

Follow us on social media:

Recent News

  • Another Shipment of Copper and Cobalt Carried Out Through the Lobito Corridor
  • Zimbabwe’s president defends land seizures from whites and touches on the idea of superiority
  • Angola: Lobito Corridor Should Become a “True Engine of Economic Transformation,” Says President

Category

  • Business
  • Economy
  • Finance
  • Green Economy
  • Lifestyle
  • Opinion
  • Sports
  • Uncategorized

Legal Information

Terms and Conditions
Privacy Policy
Complaints Book

  • Contact

© 2021 The African Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Finance
  • Opinion
  • Lifestyle
  • Sports
  • Green Economy

© 2021 The African Business