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