OEC, A Branch Of The Odebrecht Group, Wins Contract To Build The Largest Oil And Gas Storage Terminal Valued At $499 Million In Angola

The Odebrecht Group Company Will Begin Construction of Angola’s Largest Oil and Gas Storage Terminal This September

OEC, a company in the engineering and construction sector of the Odebrecht Group, announced yesterday (09/02) that it will build Angola’s largest storage terminal. This good news came after the company won the international public tender held by Sonangol in January this year, which included the construction of an oil refinery in the province of Cabinda, Angola, estimated to be worth over 900 million dollars.

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According to the statement from OEC, part of the Odebrecht Group, the contract with the Angolan state oil company for the construction of the Ocean Terminal of Barra do Dande, located about 60 kilometers north of the capital Luanda, was signed last Wednesday (09/01).

Capacity of Angola’s Largest Oil and Gas Storage Terminal

The Odebrecht Group will be responsible for completing the Storage Park for Refined Products and constructing a ship docking facility, infrastructures considered essential for increasing the country’s capacity to import, export, and store petroleum derivatives.

According to the company, this will be Angola’s largest storage terminal and will have an area equivalent to 22 soccer fields, a structural project for the country’s economy due to the need to ensure the maintenance of its strategic reserves of 580,000 cubic meters of liquid fuels (gasoline and diesel oil) and 102,000 cubic meters of Liquefied Petroleum Gas (LPG), enabling an increase in the trade balance.

Construction Works Will Generate Over 3,000 Job Openings

The start of the construction work for Angola’s largest oil and gas storage terminal will be this September and is expected to generate around 3,500 direct job openings.

For Marcus Azeredo, Superintendent Director of OEC for Africa, this type of project is a specialization of the company, which gives it greater competitiveness. “Eight large companies with global operations participated in the tender process, which started in January. Fortunately, we were able to offer the engineering project chosen by the client,” he explains.

Send Your Resume to the Odebrecht Group

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Odebrecht Group’s History in the Country

OEC, part of the Odebrecht Group, has been operating in Angola since 1984. The company’s first project in the country was the Capanda hydroelectric plant, capable of generating 520 MW of energy. Since then, it has contributed to local development through significant works and investments, such as the Laúca Hydroelectric Project, which is nearing completion, as well as housing units, expressways, gas pipelines, in addition to the Cabinda refinery, for which the contract for preliminary works was recently signed.