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Angola
Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

Luis Nunes, founder of contruction firm Omatapalo and Huila governor. © TV Zuma/YouTube

Construction company Omatapalo, which was set up by Luís Nunes, a member of the political bureau of the governing MPLA party, is expected to become Gemcorp's partner on President Lourenço's huge refinery project. [...]

Published on 21/05/2020 at 06:00 GMT Reading time 2 minutes

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Energy

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Dar
Dar Al-Handasah
Gemcorp
Joao Lourenco
Lambert consortium
Lambert Electromec
Luis Manuel da Fonseca Nunes
Michael Beylouny
Mota-Engil
Odebrecht
Omatapalo
Saudi Aramco
Sonangol
Souheil Abboud
Talal Shair
United Shine
VFuels
WalterSmith Petroman Oil

Angola
Gemcorp strives to get Cabinda refinery back on track

The project spearheaded by Gemcorp to build a refinery in Angola is well behind schedule, but the London-based investment management firm still believes in the project and its team in Luanda.

Subscribers only Energy 17.07.2023

Angola
Odebrecht wants larger slice of Cabinda refinery project

The London-based investment fund Gemcorp, which is financing the future 60,000-bpd Cabinda plant, has hired Odebrecht to carry out part of the work. But the Brazilian company is negotiating for more.

Subscribers only Energy 24.03.2021

Spotlight | Angola
Cabinda refinery: and the winner of the construction bid for Lourenço's giant project is...

British investment company Gemcorp, which is financing the new refinery in Cabinda (3.2m tonnes) has finally awarded contracts for building outdoor facilities.

Subscribers only Energy 23.02.2021

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Why Sonangol won't see increase in oil output from Luanda refinery this year

The work carried out by the Italian firm Maire Tecnimont to improve the performance of the country's only oil refinery will not be complete by mid-2021 as planned.

Subscribers only Energy 26.01.2021

Africa
In wake of Covid-19, modular refineries pose further threat to Total's market share

With the public health crisis having already taken a toll on Total's sales of petroleum products on the continent this year, the spectre of competition from modular refineries is giving the major cause for further concern.

Free access Energy 06.11.2020

Spotlight | Equatorial Guinea
Total fears for its petroleum products business after Teodorin Obiang greenlights new refinery

A plan to build a new modular refinery, which is due to come into operation in 2022-2023, threatens to put an end to Total's virtual monopoly on Equatorial Guinea's petroleum products business.

Subscribers only Energy 28.10.2020

Angola
Total cleans up as Odebrecht ejected from block 16

Oil minister Diamantino Azevedo has officially sounded the final whistle for Brazilian giant Odebrecht on the Angolan block 16, operated by Total

Subscribers only Energy 28.09.2020

Angola
Brazilian businessman Paul Ang takes control of Lucunga phosphate

The Ang family-owned Genea Angola is behind Cimenfort, the new kid on the block in Angola's phosphate exploration sector. This Brazilian clan with Chinese roots first came to prominence as property developers in the suburbs of São Paulo and Luanda.

Subscribers only Mining 02.07.2020

Angola
Gemcorp's Reginald Crawford paves way for Lourenço's pricey refinery

With the preliminary studies for a 60,000-bpd refinery in the remote Cabinda province complete, the path is clear of a FID. The man behind this achievement is financier Reginald Crawford, the right-hand man of Gemcorp founder Atanas Bostandjiev.

Subscribers only Energy 10.06.2020

Angola
Equinor and DOF Subsea steer Norway's diplomatic moves with Lourenço

Norway can count on DOF Subsea and Equinor to help the country build and then strengthen its ties with its largest economic partner in Africa, Angola.

Subscribers only Energy 27.05.2020

President João Lourenço (right) with vice president of Norwegian company DOF Subsea, Jan-Kristian Haukeland.

Angola, France
Diplomatic string-pulling to evacuate João Lourenço's ailing wife to Paris

France and the United States worked together to airlift the unwell Ana Dias Lourenço to Paris.

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Ana Dias Lourenço, first lady of Angola.

Angola
The dos Santos diamonds era ends in Maua

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Unrepaid Dos Santos era loans risk becoming an economic fragmentation bomb

Choked as it is by the fall in oil prices, Angola is already dangerously exposed to the risk of being unable to reimburse its private debt. Its finances have been complicated by another problem, however.

Subscribers only Finance, Politics 08.05.2020

Former President José Eduardo dos Santos created the public company Recredit in 2016 to take care of the toxic claims of the PCB.

In Focus | Angola
Battle rages over Swiss oil refinery removal plan

Angola's Cabinda mega refinery project, which was hatched as a way of ending the embarrassing petrol shortages which regularly paralyse Africa's second biggest oil producer, has attracted all the major international operators, thanks to the financial and oil supply guarantees offered by President João Lourenço.

Subscribers only Energy 02.12.2019

The Tamoil refinery in Collombey, Switzerland

Angola
Gemcorp vs Gaydamak: the new world eclipses the old

In the government's good books, the investment manager Gemcorp has snatched a giant contract for a refinery from under the noses of Arcadi Gaydamak, a symbol of the Dos Santos years.

Subscribers only Business 20.11.2019

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Dar
Dar Al-Handasah
Gemcorp
Joao Lourenco
Lambert consortium
Lambert Electromec
Luis Manuel da Fonseca Nunes
Michael Beylouny
Mota-Engil
Odebrecht
Omatapalo
Saudi Aramco
Sonangol
Souheil Abboud
Talal Shair
United Shine
VFuels
WalterSmith Petroman Oil

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Angola
Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

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Set up email notifications for these topics

Angola
Gemcorp strives to get Cabinda refinery back on track

Angola
Odebrecht wants larger slice of Cabinda refinery project

Spotlight | Angola
Cabinda refinery: and the winner of the construction bid for Lourenço's giant project is...

Angola
Why Sonangol won't see increase in oil output from Luanda refinery this year

Africa
In wake of Covid-19, modular refineries pose further threat to Total's market share

Spotlight | Equatorial Guinea
Total fears for its petroleum products business after Teodorin Obiang greenlights new refinery

Angola
Total cleans up as Odebrecht ejected from block 16

Angola
Brazilian businessman Paul Ang takes control of Lucunga phosphate

Angola
Gemcorp's Reginald Crawford paves way for Lourenço's pricey refinery

Angola
Equinor and DOF Subsea steer Norway's diplomatic moves with Lourenço

Angola, France
Diplomatic string-pulling to evacuate João Lourenço's ailing wife to Paris

Angola
The dos Santos diamonds era ends in Maua

Angola
Unrepaid Dos Santos era loans risk becoming an economic fragmentation bomb

In Focus | Angola
Battle rages over Swiss oil refinery removal plan

Angola
Gemcorp vs Gaydamak: the new world eclipses the old

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Indigo Publications' websites

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Angola Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

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Set up email notifications for these topics

Angola Gemcorp strives to get Cabinda refinery back on track

Angola Odebrecht wants larger slice of Cabinda refinery project

Spotlight | Angola Cabinda refinery: and the winner of the construction bid for Lourenço's giant project is...

Angola Why Sonangol won't see increase in oil output from Luanda refinery this year

Africa In wake of Covid-19, modular refineries pose further threat to Total's market share

Spotlight | Equatorial Guinea Total fears for its petroleum products business after Teodorin Obiang greenlights new refinery

Angola Total cleans up as Odebrecht ejected from block 16

Angola Brazilian businessman Paul Ang takes control of Lucunga phosphate

Angola Gemcorp's Reginald Crawford paves way for Lourenço's pricey refinery

Angola Equinor and DOF Subsea steer Norway's diplomatic moves with Lourenço

Angola, France Diplomatic string-pulling to evacuate João Lourenço's ailing wife to Paris

Angola The dos Santos diamonds era ends in Maua

Angola Unrepaid Dos Santos era loans risk becoming an economic fragmentation bomb

In Focus | Angola Battle rages over Swiss oil refinery removal plan

Angola Gemcorp vs Gaydamak: the new world eclipses the old

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

Angola
Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

Angola
Gemcorp strives to get Cabinda refinery back on track

Angola
Odebrecht wants larger slice of Cabinda refinery project

Spotlight | Angola
Cabinda refinery: and the winner of the construction bid for Lourenço's giant project is...

Angola
Why Sonangol won't see increase in oil output from Luanda refinery this year

Africa
In wake of Covid-19, modular refineries pose further threat to Total's market share

Spotlight | Equatorial Guinea
Total fears for its petroleum products business after Teodorin Obiang greenlights new refinery

Angola
Total cleans up as Odebrecht ejected from block 16

Angola
Brazilian businessman Paul Ang takes control of Lucunga phosphate

Angola
Gemcorp's Reginald Crawford paves way for Lourenço's pricey refinery

Angola
Equinor and DOF Subsea steer Norway's diplomatic moves with Lourenço

Angola, France
Diplomatic string-pulling to evacuate João Lourenço's ailing wife to Paris

Angola
The dos Santos diamonds era ends in Maua

Angola
Unrepaid Dos Santos era loans risk becoming an economic fragmentation bomb

In Focus | Angola
Battle rages over Swiss oil refinery removal plan

Angola
Gemcorp vs Gaydamak: the new world eclipses the old