Business and Finance

BAM to Build Sierra Leone Oil Terminal

BAM International and its South African joint-venture partner Stefanutti Stocks have been awarded the contract for the engineering procurement and construction (EPC) of a petroleum jetty at the Kissy Oil Terminal of Freetown in Sierra Leone. It will take the joint venture approximately one year to design and complete the project for PetroJetty Ltd.

The petroleum jetty will be 240-meter steel trestle on steel piles including a concrete offloading 12- by 25-meter platform four mooring dolphins two breasting dolphins and a fender rack.

PetroJetty is the local affiliate of trading and downstream company Oryx Energies an energy division of private investment group AOG. The new jetty will provide a key import and export facility for the country and a modern export base for ethanol.

BAM and Stefanutti Stocks have recently completed two other projects in Sierra Leone. As part of the ongoing rehabilitation of African Minerals Ltd.’s loading facility for iron ore in Pepel near Freetown the joint venture completed a new jetty and has renovated and extended an existing jetty. In addition a string of navigation aids were placed along the Sierra Leone River.