[/tdc_zone]
LATEST ARTICLES
Ghana: TOR Secures Two-Year Crude Supply Deal With Fujeirah/Triangle Commodities Trading
Ghana’s premier refinery, Tema Oil Refinery (TOR), has secured a deal with Fujeirah/Triangle Commodities Trading (TCT), a Dubai-based petroleum products trading company, for the supply of one million barrels of crude oil per month over a two-year period.
The deal will guarantee a continuous supply of crude oil for the sustained operation of the country’s premier refinery.
The refinery resumed crude processing in late December 2025 following major rehabilitation works undertaken by the current management.
In May, the refinery received approximately one million barrels of Bonga crude oil aboard the MT Cap Felix as part of its ongoing revitalization and crude processing programme.
The crude oil cargo was purchased from Shell and supplied through Fujeirah/Triangle Commodities Trading (TCT) under a tolling arrangement.
Speaking at the 18th Annual General Meeting of the refinery, held at the Palms by Eagles, TOR Board Chairman Nayon Bilijo revealed that the agreement with Fujeirah/Triangle Commodities Trading (TCT) will ensure a continuous supply of crude oil and the sustained operation of the refinery.
“TOR has an agreement for the supply of about one million barrels of crude oil every month for the next two years, with no interruptions envisaged,” he said.
The refinery is also expected to receive locally produced crude oil from the upstream petroleum sector in July.
“TOR is also expected to take delivery of some crude oil from the Government for refining,” Mr. Bilijo said.
As part of efforts to sustain operations, he said the Board has identified key areas, including improving revenue generation, reducing costs, restructuring the balance sheet, and ensuring a sustained supply of crude oil.
According to him, the current administration inherited 17 storage tanks that were out of service.
He said these tanks are currently undergoing maintenance and repairs to bring them back into operation.
Mr. Bilijo said the Residual Fluid Catalytic Cracking Unit (RFCC), a key value-adding component that is currently undergoing maintenance, is expected to be completed and operational by the third quarter of this year.
To support the company’s operations, he said the refinery has increased its staff strength from 547 employees in 2024 to 1,144 personnel.
He said this reflects a deliberate strategy to retain critical expertise, strengthen operational capability, and support the refinery’s turnaround.
Malaysia: Vestigo Petroleum Confirms Fire At West Lutong Vent A Facility, No Casualties
Vestigo Petroleum Sdn. Bhd., a subsidiary of PETRONAS Carigali, has confirmed that a fire occurred at approximately 2:00 p.m. on Sunday at its West Lutong Vent A (WLV-A) facility offshore Sarawak.
The confirmation follows reports of an explosion at the offshore oil and gas platform after a lightning strike reportedly hit a vent stack at the facility.
A video of the incident later went viral on social media.
In a statement issued on Monday, the company said the situation had been brought under control and that the cause of the fire remains under investigation.
Vestigo said there were no injuries or personnel affected, adding that the incident posed no immediate threat to the surrounding communities or the environment.
The company said it is working closely with the relevant authorities and has taken the necessary precautionary measures to manage any potential risk of exposure.
Vestigo reaffirmed its commitment to the safety of its people, the protection of the environment, and the integrity of its operations.
Africa’s Grid Constraints Come Into Focus As Regional Markets Push Toward Integration
MODEC Secures Contract To Deliver Turret Mooring System For Mozambique’s Coral Norte FLNG
MODEC has announced that it will supply a SOFEC® Internal Turret Mooring System for the Coral Norte FLNG project offshore Mozambique, which is being developed by Eni and its partners, CNPC, ENH, XRG, and KOGAS.
MODEC is collaborating with the Technip Energies–JGC joint venture (JV) to support seamless integration, efficient execution, and reliable long-term performance, the company said in a statement.
With the Final Investment Decision (FID) reached in October 2025, the hull launched in January 2026 at Samsung Heavy Industries’ Geoje shipyard in South Korea, and first LNG production targeted for 2028, the project is advancing on schedule.
MODEC has supported the project since its early stages and is progressing engineering and supply activities in line with the overall project timeline, underscoring the company’s contribution to mission-critical station-keeping for large-scale gas developments.
Read Also:Ghana: Mahama Breaks Ground For 60,000 Barrels Per Day Phase II Expansion Of Sentuo Oil RefineryBuilding on its proven performance on the companion Coral Sul FLNG project, this engagement reinforces MODEC’s track record in delivering complex offshore station-keeping solutions.
Designed as an enhanced replica of Coral Sul—incorporating lessons learned and optimized for improved efficiency and performance—Coral Norte will add 3.6 million tonnes per annum (MTPA) of liquefaction capacity.
The turret mooring system is a mission-critical element of FLNG performance, enabling safe weathervaning, high operational uptime, and resilient operations in the metocean conditions of the Rovuma Basin.
“Coral Norte is an important milestone for the industry and for Mozambique, and we are honoured to contribute to this landmark FLNG project,” said Arun Duggal, Head of MODEC’s Mooring Solutions Business Unit.
“Our team’s performance on Coral Sul set a high bar for safety, reliability, and schedule discipline. This engagement reflects the trust we have built together, and we look forward to delivering a SOFEC® turret mooring system that enables best-in-class operability while continuing to invest in local capability and laying the foundation for future projects in the region.”
A Technip Energies–JGC JV spokesperson said: “The work delivered by MODEC on Coral Sul established a strong operational baseline and demonstrated excellence in engineering and execution. Our partnership on Coral Norte builds on that success and supports our broader commitment to sustainable development in Mozambique.”
SBM Offshore Secures $465 Million Financing For Trion FSO
Ghana: Severe Flooding Forces Shutdown Of Mallam And Achimota Primary Substations, Disrupting Power Supply
Kenya’s Nuclear Drive Gains Momentum As KenGen Studies Ontario Model
Ghana: Mahama Breaks Ground For 60,000 Barrels Per Day Phase II Expansion Of Sentuo Oil Refinery
Sentuo Oil Refinery Limited, a Chinese multimillion-dollar firm, has held a groundbreaking ceremony to mark the commencement of Phase II of the refinery’s expansion project.
The Phase II expansion is expected to increase the refinery’s capacity from 40,000 barrels per day to 100,000 barrels per day.
Operating at a capacity of 100,000 barrels per day would enable Ghana to achieve greater petroleum product sufficiency and energy security, marking a significant shift from its reliance on imported refined petroleum products.
Speaking at the groundbreaking ceremony on Thursday, June 25,2026, President John Dramani Mahama stressed the need for Ghana to move beyond the export of raw materials and focus on building a resilient economy that processes, manufactures, and creates value locally.
He said the refinery expansion would significantly strengthen Ghana’s petroleum refining capabilities by increasing processing capacity from 40,000 barrels per day to 100,000 barrels per day.
He noted that the expansion forms part of broader efforts to enhance energy security, reduce dependence on imported refined petroleum products, and position Ghana as a key fuel supply hub within the sub-region.
Mr Mahama expressed confidence that the expansion of the Sentuo refinery, together with the eventual full operationalisation of the Tema Oil Refinery (TOR), would enable Ghana to meet domestic fuel demand while generating surplus products for export to neighbouring countries.
According to him, the government’s strategy is aimed at maximising value from the country’s petroleum resources while supporting industrial growth, job creation, and economic development.
Read Also:Ghana: PETROSOL CEO Hails Deregulation Policy, Warns Against Unsustainable Fuel Price CompetitionThe Executive Chairman of Sentuo Oil Refinery Limited, Ningquan Xu, described the Phase II expansion as a transformative project that would contribute significantly to Ghana’s industrial and economic development.
“The Phase II expansion represents a turning point for Ghana’s industrial future,” Mr Xu said.
For his part, the Minister for Energy and Green Transition, Mr John Abdulai Jinapor, said the investment reflects growing investor confidence in Ghana’s economy and will significantly strengthen the country’s petroleum industry.
“This transformational investment will increase the refinery’s capacity from 40,000 to 100,000 barrels per day, reinforcing investor confidence in Ghana’s economy and strengthening our petroleum industry,” he said.
According to the Minister, the expansion will not only increase refining capacity but also create jobs, improve energy security, promote local value addition, reduce imports, and support Ghana’s industrialisation agenda.
“Beyond expanding capacity, the project will create jobs, enhance energy security, boost local value addition, reduce imports, and accelerate industrialisation,” Mr Jinapor said.
He expressed confidence that the combined output of the Sentuo Oil Refinery and the Tema Oil Refinery would transform Ghana’s downstream petroleum sector.
“When the Tema Oil Refinery and Sentuo Oil Refinery operate at full capacity, Ghana will be able to eliminate the importation of finished petroleum products and enhance its ability to supply petroleum products to the sub-region,” he said.
Tanzania: TANESCO Restores Power Nationwide After National Grid Failure
Ghana: PETROSOL CEO Hails Deregulation Policy, Warns Against Unsustainable Fuel Price Competition
Malawi: ESCOM Signs Transmission Connection Deal With Press Energy Limited
Zambia: TAZAMA Pays Government $6.69 Million Dividend After Record 2025 Performance
Receiving the dividend on behalf of the government, Acting Secretary to the Treasury Mwaka Mukubesa commended TAZAMA for reaching what she described as a significant milestone, noting that the dividend would help strengthen public finances and enhance the government’s capacity to deliver on national development priorities.
She praised the board and management for their prudent stewardship and urged other state-owned enterprises to emulate TAZAMA’s strong governance and operational discipline.
Ms. Mukubesa also commended TAZAMA for the successful implementation of the Open Access Policy and the introduction of the Drag Reducing Agent (DRA), which has improved operational efficiency and enhanced fuel transfer along the Dar es Salaam–Ndola pipeline corridor.
She said the achievements demonstrated how innovation, sound management, and operational excellence can contribute to improved performance and sustainable national development. 

