Petroleum Africa
Find us on: 
Monday, August 13, 2018
Two major acquisitions involving European groups in the petroleum distribution sector in Rwanda are taking place according to local media sources. Reports from Rwanda say that Vivo Energy, which sells Shell’s products in Africa, is finalizing the resumption of operations by Engen, the company that sells Malaysia’s Petronas products to Africa.
This transaction is part of a transaction valued at $250 million and announced in December 2017, in which Vivo Energy took over Engen’s operations in several African countries including Gabon, DRC, Mozambique, Zambia and Zimbabwe.
The second deal has BP, which according to sources close to the process maneuvering to buy the activities of a local player in the oil distribution of the Rwandan market.
" alt="Botala Increases Stake in Botswana’s Serowe CBM Project">
" alt="Petrofac Awarded Technical Services Contract by GEPetrol">
" alt="Uganda Signs its Fourth CPF with International Atomic Authority">
" alt="EcoFlow Introduces Loadshedding Technology to South Africa">
" alt="Trafigura to Commercially Deploy Daphne Technology’s Puremetrics™ on LNG Carrier">
" alt="Seatrium and Shell Inks MOU to Collaborate on Floating Production Systems">
" alt="Wildcat Updates Status in the Republic of Sudan and South Sudan">
