Downstream

IBM (NYSE: IBM) today announced that Vivo Energy, a market-leading company that distributes and markets Shell branded fuels and lubricants in Africa, has selected IBM Services for its digital transformation journey based on SAP S/4HANA®.  A rapid start to the relationship using agile methods has already led to the completion of a major project milestone with two out of fifteen of Vivo Energy's country locations transferred to SAP S/4HANA to help boost efficiency and unlock operational insights.

Total has agreed to develop joint activities in the downstream petroleum sector in Angola, with national company Sonangol. Already long-term partners in the upstream business, the two companies have decided to establish a Joint Venture company to develop a common retail and distribution activity in the country, the fourth largest market in sub-Saharan Africa.

Masana Petroleum Solutions has completed a transaction with a new Broad Based Black Economic Empowerment (B-BBEE) consortium that will see the new partners acquire a 35% stake in the business after two of its founding shareholders exercised their right to realise their value in the company.

As a leading producer and marketer of fuels, lubricants and oil-based products, Engen Petroleum’s vision for growth has reached another milestone in Zambia following the construction of an all new pipeline linking the Engen depot in Lusaka to the government facility.

Engen, the energy multinational, has won a €960 000 tender to provide fuel to the mega construction project to build Reunion’s New La Nouvelle Route du Littora, a 12km long “highway over the sea” that will connect the island’s two biggest cities – Saint Denis and La Possession - as well as the Port and Roland Garros Airport, on its completion in 2018.

Puma Energy, the global mid and downstream energy company operating in 46 countries across five continents, today officially opened two Terminals in Mozambique.

Engen recently introduced the PETRONAS Disrol range of marine diesel engine oils to the African and Indian Ocean Island coastal territories.

South African oil and gas company SacOil will join the consortium of Taleveras Group, Gunvor Group and the Strategic Fuel Fund in developing the Bioko Oil Terminal tank farm in Equatorial Guinea.

The Ministry of Mines, Industry and Energy, representing the Government of Equatorial Guinea, announced today that it has signed a Memorandum of Understanding with three companies to build a crude oil and petroleum products storage tank farm on Bioko Island, Equatorial Guinea.

Engen, the African energy multinational, will add two new service stations to its retail network in the Democratic Republic of the Congo this year.

Today, 14 October 2015, the Commission is conducting a search and seizure (dawn raid) operation at the premises of African Oxygen Limited, Oryx Oil South Africa (Pty) Ltd, EasiGas (Pty) Ltd and the Liquefied Petroleum Gas Safety Association of Southern Africa (LPG Association) in Gauteng and Kaya

SacOil Holdings' AGM was held on Thursday, 01 October at their head office in Bryanston, Johannesburg. All resolutions were passed with a high degree of accord, with the total resolutions enjoying an average of 99.53% of votes in the affirmative.

Engen, the African energy multinational, is continuing its aggressive retail expansion in Mozambique, with plans for three service stations in the near future – one in Maputo and two in Inhambane.
Engen currently operates 16 services stations in Mozambique.

Easigas and Reatile Gaz are pleased to announce that they have entered into an agreement to merge their respective Southern African LPG operations.

Engen Petroleum and Samir Engineering and Trading Co. Ltd (SETL) / Quantum Petroleum have announced SETL’s appointment as the official distributor of Engen’s full range of lubricants in Ghana.