Engen Petroleum

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Engen Petroleum Limited
TypePublic
JSE: [1]
IndustryOil and gas
PredecessorMobil South Africa Engen Petroleum
Founded1881; 141 years ago (1881)
HeadquartersCape Town, South Africa
Area served
Africa, Indian Ocean Islands
Key people
Yusa' Hassan (Managing Director and CEO)
Ahmad Adly Alias (Chairman)[1]
ProductsFuels, lubricants, petrochemicals
RevenueR70 033 million (2017)[2]
R5.155 million (2017)[2]
R3.315 million (2017)[2]
Total assetsR40.878 million (2017)[2]
Number of employees
3,485 (2017)[2]
Websiteengen.co.za

Engen Petroleum is a South African oil company focusing on the downstream refined petroleum products market and related businesses. The company’s core functions are the refining of crude oil, the marketing of primary refined petroleum products and the provision of convenience services via an extensive retail network. Until 1990, it was part of Mobil. In 1993, it changed the brand name to Engen.[3] The company is present in 17 countries and exports products to over 30 more countries, mostly in Africa and the Indian Ocean Islands.

Petrol station in Rwanda

Engen operates a refinery in Durban that has a nameplate capacity of 120,000 barrels (19,000 m3) per day and operates approximately 1,450 service stations across sub-Saharan Africa and Indian Ocean Islands. A number of Engen's service stations are operated on a franchise basis.[4] Engen operates its own transport fleet with approximately 180 bulk fuel tankers.[3]

Engen has partnered with numerous South African businesses, including Woolworths, Wimpy, Debonairs Pizza, and Steers, which have operations at certain Engen service stations.[4]

Today, Engen Petroleum is active in South Africa, Botswana, Namibia, Zimbabwe, Mozambique, Kenya, Ghana, Gabon, Tanzania, Rwanda, Zambia, Malawi, Lesotho, Swaziland, Mauritius, Réunion and The Democratic Republic of the Congo.[5] The company is also listed on the Botswana Stock Exchange and is a constituent of the BSE Domestic Company Index.

Ownership[]

  • Until 1990 Mobil South Africa
  • 1990-1996 Gencor
  • 1996 30% PETRONAS
  • 1998 100% PETRONAS
  • 1998-2017 80% PETRONAS and 20% Phembani Group
  • Today 74% PETRONAS, 20% Phembani Group and 6% Phembani-led Consortium

Websites[]

References[]

  1. ^ "Board of Directors". Engen. Archived from the original on 2016-03-26. Retrieved 2016-03-22.
  2. ^ a b c d e Engen. "Engen Limited Integrated Report 2017". Engen. Archived from the original (PDF) on 2016-05-11. Retrieved 2016-03-22.
  3. ^ a b Engen. "History of Engen". Engen. Archived from the original on 2016-06-01.
  4. ^ a b "Engen Franchise Opportunities". Engen. Archived from the original on 2016-04-15. Retrieved 2016-03-22.
  5. ^ "Engen in Africa". Engen. Archived from the original on 2014-10-29.
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