Petroleum Africa
Find us on: 
Tuesday, November 21, 2017
Oryx Energies announced the acquisition of a 75.01% stake in Atlas Energy Ltd., Gambia (Atlas), thereby entering the Gambian
oil product distribution market for the first time.
With over 220 employees, Atlas manages a network of 28 service stations and aportfolio of business customers to which it supplies fuels, lubricants and LPG (liquefiedpetroleum gas). The service stations will keep the Atlas name, while the Oryx Energiesbrand will become known in Gambia via its lubricants and LPG products.
Oryx Energies’ oil trading division has been supplying Atlas since 2014 and will
continue to do so.
Atlas’ management will remain unchanged under the leadership of Mr Hally Mass
Jobe, the son of the company’s founder Mr Edrissa Mass Jobe who is also a
shareholder.
This acquisition in Gambia brings to 19 the number of Oryx Energies subsidiaries in
sub-Saharan Africa, in addition to six commercial offices.
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
