Engen, Vivo Energy merge to form a company spanning 27 countries in Africa (EN)
Vivo Energy and Engen have merged into a combined group to create one of Africa’s largest energy distribution companies that will have more than 3 900 service stations and more than two-billion litres of storage capacity across 27 African countries.
Oil and gas multinational Petronas will sell its 74% shareholding in Engen to Vivo Energy. The transaction is currently pending regulatory approvals and fulfilment of conditions precedent. Click here to read full article
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