After winning an international public bid that began in January of this year, OEC signed on Wednesday (September 1st) a contract with Angola's state-owned oil company, Sonangol, to build the Barra do Dande Ocean Terminal, located about 60 kilometers north of the capital, Luanda. The work will include the conclusion of the Refined Products Storage Park and the construction of a ship docking dock, infrastructures considered indispensable for the expansion of the import capacity, export and storage of petroleum products in the country.

This is the largest storage terminal in Angola, occupying an area equivalent to 22 soccer fields, a structuring 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 thousand cubic meters of Liquefied Petroleum Gas (LPG), making possible an increase in the trade balance.

The construction work will start in September, generating around 3,500 direct jobs. 

According to OEC's Superintendent Director in Angola, Marcus Azeredo, this type of project is a company’s expertise, which gives more competitiveness. “Eight large companies with global activity have participated in the public bid, which began in January. Fortunately, we were able to offer the engineering project chosen by the client”, he explained.

Country History

OEC has been operating in Angola since 1984. The construction company's first project in the country was the Capanda hydroelectric plant, capable of generating 520 MW of power. Since then it has been contributing to local development by carrying out relevant works and investments, for example the Laúca Hydroelectric Exploitation, an enterprise that is in the process of being concluded, as well as housing units, express roads, gas pipelines, and the Cabinda refinery, whose contract for preliminary works was recently signed.