VOL. NO: 54      DATE:
 

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AFRICAN ECHO BUSINESS NEWS
Complied by Cass Gilroy-Business Editor

Multinational Chevron to build new headquarters in Angola

THE multinational company Chevron, and the Cabinda Gulf Oil Company (Cabgoc) has announced the construction of a new headquarters in the Angolan capital, Luanda, as a result of the investments made in the country in the fields of exploration, prospecting and the production of oil and natural gas.

In a recent press briefing, the company confirmed that it had observed a substantial increase of its operations in Angola. That meant the recruiting of new national employees and therefore the need for an extra space.

The commencement launch for the construction of the building was attended by prominent entities of the Oil Ministry, of the National Fuel Society of Angola and associates of Block 0.

 

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