Engen secures services of 2000 MT barge to boost Namibia’s bunkering capacity

NAMIBIA – Petrochemicals company Engen has acquired the services of a 2,000 metric tonnes (MT) barge, for the bunkering of gas and oil at the ports of Walvis Bay and Lüderitz, Namibia.  The company notes that this move will help enhance bunkering supply in Namibia, as Engen will make the barge available to rigs, support services and offshore passing vessels lying at anchorage. Engen states that the introduction of the barge will give Namibia both inshore and offshore, flexible, reliable and efficient supply options.  Engen Namibia MD Christian Li says the company is…

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Petronas to conduct an IPO South Africa’s fuel retailer Engen

SOUTH AFRICA – Petroliam Nasional BHd and its South African partners plan to conduct an Initial Public Offering (IPO) in their fuel retailer Engen. The IPO is meant to raise funds for the upgrade of a refinery in Durban and increase the number of its gas stations. A yet to be decided number of shares in the company, which is South Africa’s biggest fuel retailer, will likely be sold on the Johannesburg Stock Exchange in the first half of next year, according to people familiar with the matter. Engen’s 135,000-barrel-per-day…

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Engen expands to Tanzania’s administrative capital

TANZANIA –Engen Petroleum Limited, a South African oil company, has expanded its services to the Tanzania’s capital Dodoma, reports The Citizen. Speaking regarding their expansion Engen’s managing director, Mr Paul Muhato said it was a natural step in the company’s growth plan currently as they continue to look at strategic areas across the country for development and acquisition of retail stations to better serve the Tanzanian market.  “Currently we have 10 stations spread across Dar, Morogoro, Dodoma, Tanga, Moshi, Arusha and Mwanza regions – but this number is going to…

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Petroleum company Vivo Energy completes transaction with Engen

SOUTH AFRICA – Petroleum company Vivo Energy Plc has said that it has concluded a transaction with Engen Holdings (Pty) to restructure the acquisition of Engen International Holdings. The restructured transaction will add operations in eight new countries and over 225 Engen-branded service stations to Vivo Energy’s network, taking its total presence to over 2,000 service stations, across 23 African markets. The new markets for Vivo Energy are Gabon, Malawi, Mozambique, Reunion, Rwanda, Tanzania, Zambia and Zimbabwe. Engen’s Kenya operations, where Vivo Energy already operates, make up the ninth country…

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