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Vivo Energy: Signing Of Third Phase Of Africa Transaction To Include Botswana And Namibia
Vitol and Helios Investment Partners (Helios) announced today that they have jointly signed the next phase of the transaction that was first announced on February 19th, 2011. On completion of this third phase of the transaction, Vitol and Helios will acquire the majority of Shell’s shareholding in their businesses in Namibia and Botswana. Completion is expected within two to three months, subject to all regulatory approvals. The businesses in Namibia include 34 retail stations with another 44 in Botswana and a total of 140 employees.

date.png15 Jun 2012 13:41 | comments.png 0 Comments | tags.png africa botswana downstream namibia shell vitol [ More ]

Launch of Vivo Energy signals new era for African energy
Vivo Energy, the company formed by Vitol, Helios Investment Partners and Shell to distribute and market Shell-branded fuels and lubricants across Africa, enters its first day of trading today in 7 countries: Cape Verde, Mauritius, Madagascar, Morocco, Mali, Senegal and Tunisia. Over the next few weeks, the Shell companies in these 7 countries will register their new names, starting today in Morocco, where Societe Shell du Maroc has become Vivo Energy Maroc. All businesses will use Vivo Energy as the name of their corporate entity. Also making its debut today is Shell and Vivo Lubricants, which will manufacture and blend Shell branded lubricants for distribution across Africa. It will market and sell lubricants through exclusive Master Distribution Agreements with Vivo Energy companies.

date.png01 Dec 2011 17:47 | comments.png 0 Comments | tags.png botswana burkina-faso cape-verde cote-d’ivoire downstream egypt ghana guinea kenya la-reunion madagascar mali mauritius morocco namibia senegal tanzania togo tunisia uganda [ More ]

Sasol announces joint venture participation with Origin Energy in Coal Bed Methane exploration in Botswana
Sasol today announced the signing of a Joint Venture agreement with Origin Energy Limited (Origin”), the leading Australian integrated energy company, for the purposes of exploring for Coal Bed Methane (CBM) in Botswana.

date.png01 Nov 2011 14:47 | comments.png 0 Comments | tags.png botswana cbm origin sasol upstream [ More ]

BP Completes Sale of Five Southern African Marketing Businesses to Puma Energy
BP has now completed the sale to Puma Energy of its fuels marketing businesses in Namibia, Botswana, Zambia, Malawi and Tanzania. The sale of the final business in Tanzania completed on September 1.

date.png09 Sep 2011 11:46 | comments.png 0 Comments | tags.png botswana bp downstream malawi namibia tanzania trafigura zambia [ More ]
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