• Contact
Thursday, December 4, 2025
  • Login
The African Business - News About African business
  • Home
  • EconomyNew
    nigeria

    Nigeria in talks with China for $2bn loan for super grid

    REFINARIA de cabinda distição, Marcelo Hofke, CEO da Gemcorp Angola

    Newly Inaugurated Cabinda Refinery Awarded Downstream Operator of the Year in Luanda

    china

    Africa is becoming one of China’s favorite markets, and Trump may have helped

    Trending Tags

  • Business
    De Beers

    Angola Makes Formal Bid to Buy 85% of De Beers, Challenging Botswana’s Dominance in the Diamond Sector

    3.ª Cimeira sobre Financiamento de Desenvolvimento das Infra estruturas em África

    Infrastructure Development Summit Raises 18 Billion Dollars in Projects

    dhl

    DHL plans to invest €300m to expand logistics in Africa

    kenya airways

    Kenya Airways takes off on locally made jet biofuel in bid to attract green investment

    vodacom

    Africa’s second-largest telecom operator to invest $29 million in 5G expansion in South Africa

    multichoice

    French media giant Canal+ to list in South Africa after $3 billion MultiChoice takeover

    refinery

    Africa’s refining capacity expands as Uganda’s $4 billion oil refinery nears 2030 start

    dangote

    Dangote’s wealth rebounds to $29 billion despite domestic pressures, on cement and refinery growth

    Arthur Eze

    Nigerian billionaire to invest $800 million in four offshore oil blocks in Liberia

  • 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
    nigeria

    Nigeria in talks with China for $2bn loan for super grid

    REFINARIA de cabinda distição, Marcelo Hofke, CEO da Gemcorp Angola

    Newly Inaugurated Cabinda Refinery Awarded Downstream Operator of the Year in Luanda

    china

    Africa is becoming one of China’s favorite markets, and Trump may have helped

    Trending Tags

  • Business
    De Beers

    Angola Makes Formal Bid to Buy 85% of De Beers, Challenging Botswana’s Dominance in the Diamond Sector

    3.ª Cimeira sobre Financiamento de Desenvolvimento das Infra estruturas em África

    Infrastructure Development Summit Raises 18 Billion Dollars in Projects

    dhl

    DHL plans to invest €300m to expand logistics in Africa

    kenya airways

    Kenya Airways takes off on locally made jet biofuel in bid to attract green investment

    vodacom

    Africa’s second-largest telecom operator to invest $29 million in 5G expansion in South Africa

    multichoice

    French media giant Canal+ to list in South Africa after $3 billion MultiChoice takeover

    refinery

    Africa’s refining capacity expands as Uganda’s $4 billion oil refinery nears 2030 start

    dangote

    Dangote’s wealth rebounds to $29 billion despite domestic pressures, on cement and refinery growth

    Arthur Eze

    Nigerian billionaire to invest $800 million in four offshore oil blocks in Liberia

  • 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
19
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

De Beers

Angola Makes Formal Bid to Buy 85% of De Beers, Challenging Botswana’s Dominance in the Diamond Sector

30/10/2025
24
3.ª Cimeira sobre Financiamento de Desenvolvimento das Infra estruturas em África

Infrastructure Development Summit Raises 18 Billion Dollars in Projects

30/10/2025
8

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

“Africa is open for business,” the continent’s leaders tell investors and business leaders from around the world

“Africa is open for business,” the continent’s leaders tell investors and business leaders from around the world

3 years ago
4
Nigeria’s central bank fueling inflation it seeks to curb

Nigeria’s central bank fueling inflation it seeks to curb

3 years ago
2
Solar power industry to generate 372 billion by 2027, report

Solar power industry to generate 372 billion by 2027, report

3 years ago
3
Angola and Zambia share experiences in agricultural field

Angola and Zambia share experiences in agricultural field

2 years ago
2

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

  • Angola Makes Formal Bid to Buy 85% of De Beers, Challenging Botswana’s Dominance in the Diamond Sector
  • Infrastructure Development Summit Raises 18 Billion Dollars in Projects
  • DHL plans to invest €300m to expand logistics in Africa

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