Category: HYDROGEN

In a major stride toward energy self-sufficiency and industrial development, Aiteo, one of Africa’s leading energy companies, has signed an engineering, procurement, and construction (EPC) agreement to develop a 240,000 barrels-per-day (bpd) refinery in Mozambique. The agreement, which was formalized during a signing ceremony chaired by President Daniel Chapo, signals the start of a strategic joint venture between Aiteo US Corporation and Mozambique’s state-owned oil company, Petromoc. U.S.-based engineering firm Deerfield Energy Services LLC will handle the EPC responsibilities for the ambitious project. The refinery is expected to significantly reduce Mozambique’s...