History

MILESTONE EVENTS IN THE HISTORY OF THE GROUP

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A HISTORY DISTINGUISHED BY REALISATION OF INNOVATIVE PROJECTS INCLUDING THE CREATION AND PROMOTION OF LOCAL ENTERPRISES

2016

In Benin, the Deep Water Port of Sèmè Podji receives its Environmental Compliance Certificate

In Benin, the Deep Water Port of Sèmè Podji receives its Environmental Compliance Certificate

2016

In Benin, the Deep Water Port of Sèmè Podji receives its Environmental Compliance Certificate

In Benin, the Deep Water Port of Sèmè Podji receives its Environmental Compliance Certificate

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Construction of Parakou dry port in Benin

Construction of Parakou dry port in Benin

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Construction of Parakou dry port in Benin

Construction of Parakou dry port in Benin

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2014

Acquisition of a stake in Seplat Development Company PLC

Acquisition of a stake in Seplat Development Company PLC

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2014

Acquisition of a stake in Seplat Development Company PLC

Acquisition of a stake in Seplat Development Company PLC

Our share acquisition contributed to the success of Seplat's IPO at the London Stock Exchange

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Launch of Eden TV and Diaspora FM in Benin

Launch of Eden TV and Diaspora FM in Benin

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Launch of Eden TV and Diaspora FM in Benin

Launch of Eden TV and Diaspora FM in Benin

Eden TV and Diaspora FM are the two broadcast entities of Petrolin Group. The project began in early 2013 when Petrolin Group applied to Benin’s High Authority for Audiovisual and Communications (HAAC), and was granted two licences: one for a herzien television channel, and the other for a radio station. The project took off with the creation of Eden TV and Diaspora FM in 2014.

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2012

Creation of ND Western, a local Nigerian upstream oil and gas company, and its acquisition, via invitation to tender,  of a participating interest in oil and gas block OML 34 in Nigeria from Shell, Total and ENI.

Creation of ND Western, a local Nigerian upstream oil and gas company, and its acquisition, via invitation to tender, of a participating interest in oil and gas block OML 34 in Nigeria from Shell, Total and ENI.

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2012

Creation of ND Western, a local Nigerian upstream oil and gas company, and its acquisition, via invitation to tender,  of a participating interest in oil and gas block OML 34 in Nigeria from Shell, Total and ENI.

Creation of ND Western, a local Nigerian upstream oil and gas company, and its acquisition, via invitation to tender, of a participating interest in oil and gas block OML 34 in Nigeria from Shell, Total and ENI.

Petrolin is one of the principal shareholders of ND Western Limited, a Nigerian company which, in 2012, acquired45% participating interest held by Shell, Total and Eni in Block OML 34.  This block has a production capacity of 600 million cubic feet of gas per day and 20,000 barrels of oil per day—extendable to 60,000 barrels of oil per day.

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2010

New exploration investment for Petrolin Group with the of a majority interest in Surestream Petroleum Ltd, a British oil company.

New exploration investment for Petrolin Group with the of a majority interest in Surestream Petroleum Ltd, a British oil company.

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2010

New exploration investment for Petrolin Group with the of a majority interest in Surestream Petroleum Ltd, a British oil company.

New exploration investment for Petrolin Group with the of a majority interest in Surestream Petroleum Ltd, a British oil company.

For more information, please visiour page on Exploration Production

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Signing of the Framework Convention for Public Private Partnership between Benin and Petrolin Group, convention that covers all components of the Backbone project.

Signing of the Framework Convention for Public Private Partnership between Benin and Petrolin Group, convention that covers all components of the Backbone project.

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Signing of the Framework Convention for Public Private Partnership between Benin and Petrolin Group, convention that covers all components of the Backbone project.

Signing of the Framework Convention for Public Private Partnership between Benin and Petrolin Group, convention that covers all components of the Backbone project.

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Petrolin Group was awarded the Benin-Niger Railway Line Concession by the two States following an International Invitation to Tender.

Petrolin Group was awarded the Benin-Niger Railway Line Concession by the two States following an International Invitation to Tender.

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Petrolin Group was awarded the Benin-Niger Railway Line Concession by the two States following an International Invitation to Tender.

Petrolin Group was awarded the Benin-Niger Railway Line Concession by the two States following an International Invitation to Tender.

Signing of the Public-Private Partnership Framework Convention between the Republic of Benin and Petrolin; the convention covers all the components of the «Epine Dorsale» or Backbone Project.

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2009

Two hundred million barrels of cumulated crude oil have been sold within the framework of Petrolin Group’s trading activity.

Two hundred million barrels of cumulated crude oil have been sold within the framework of Petrolin Group’s trading activity.

2009

Two hundred million barrels of cumulated crude oil have been sold within the framework of Petrolin Group’s trading activity.

Two hundred million barrels of cumulated crude oil have been sold within the framework of Petrolin Group’s trading activity.

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2007

Incorporation of the business aviation company Comfort Jet Services.

Incorporation of the business aviation company Comfort Jet Services.

2007

Incorporation of the business aviation company Comfort Jet Services.

Incorporation of the business aviation company Comfort Jet Services.

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2006

Bayoout oil field discovery i in Yemen

Bayoout oil field discovery i in Yemen

2006

Bayoout oil field discovery i in Yemen

Bayoout oil field discovery i in Yemen

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2005

Acquisition of a participating interest by Petrolin Group in the nigerian oil company, Niger Delta Exploration and Production (NDEP)

Acquisition of a participating interest by Petrolin Group in the nigerian oil company, Niger Delta Exploration and Production (NDEP)

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2005

Acquisition of a participating interest by Petrolin Group in the nigerian oil company, Niger Delta Exploration and Production (NDEP)

Acquisition of a participating interest by Petrolin Group in the nigerian oil company, Niger Delta Exploration and Production (NDEP)

For more information, please visit our page on Exploration Production

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2004

Fusion Acquisition Enery Africa / Tullow Oil

Fusion Acquisition Enery Africa / Tullow Oil

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2004

Fusion Acquisition Enery Africa / Tullow Oil

Fusion Acquisition Enery Africa / Tullow Oil

In compliance with regulations of the Johannesburg Stock Exchange, Petronas, parent company of the South African Engen, together with Petrolin, were able to orient their efforts and mutual understanding in a transaction agreement. Under terms of this transaction, Energy Africa shares held by Engen, Petrolin and other minority shareholders were ceded to Tullow Oil who absorbed the assets of Energy Africa in their entirety and Tullow Oil thereby obtained a listing on the London Stock Exchange in 2004.

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2003

One hundred million barrels of cumulated crude oil sold as part of Petrolin Group’s trading activity.

One hundred million barrels of cumulated crude oil sold as part of Petrolin Group’s trading activity.

2003

One hundred million barrels of cumulated crude oil sold as part of Petrolin Group’s trading activity.

One hundred million barrels of cumulated crude oil sold as part of Petrolin Group’s trading activity.

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2000

First commercial discovery, the Sharyoof oil field in Block 53 in Yemen

First commercial discovery, the Sharyoof oil field in Block 53 in Yemen

2000

First commercial discovery, the Sharyoof oil field in Block 53 in Yemen

First commercial discovery, the Sharyoof oil field in Block 53 in Yemen

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1998

Acquisition of a participating interest in Block 53 East Saar in Yemen

Acquisition of a participating interest in Block 53 East Saar in Yemen

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1998

Acquisition of a participating interest in Block 53 East Saar in Yemen

Acquisition of a participating interest in Block 53 East Saar in Yemen

For more information, please visit our page on Exploration Production

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1996

Cotation of Energy Africa at the Johannesburg Stock Exchange

Cotation of Energy Africa at the Johannesburg Stock Exchange

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1996

Cotation of Energy Africa at the Johannesburg Stock Exchange

Cotation of Energy Africa at the Johannesburg Stock Exchange

Pursuant to their agreement of 1994, Engen and Petrolin UK Ltd render public their partnership via the quotation of Energy Africa shares on the Johannesburg Stock Exchange with Engen holding a majority stake in the company and Petrolin holding an important strategic stake.

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Geneva Canton, grants Fondation Espace Afrique with public utility status

Geneva Canton, grants Fondation Espace Afrique with public utility status

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Geneva Canton, grants Fondation Espace Afrique with public utility status

Geneva Canton, grants Fondation Espace Afrique with public utility status

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1995

Enhancement of the Trading activity

Enhancement of the Trading activity

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1995

Enhancement of the Trading activity

Enhancement of the Trading activity

Since 1992, Petrolin Group has been active in the Trading of crude oil and refined products from Africa, principally from Gabon.

Some producers have no marketing capability or trading department, and have therefore granted to Petrolin Group the exclusive right to market their production share as well as their partners’ share under production-sharing agreements where the operator is contractually responsible for marketing of production. It is in this context that, between 1995 and 2012, small volumes of crude oil belonging to the Gabonese State found their way into the far larger volumes marketed by Petrolin Group.

For more information visit our page Philosophy and History of Trading at Petrolin

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Launching of oil data management activity

Launching of oil data management activity

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Launching of oil data management activity

Launching of oil data management activity

With the goal of creating an analytic product best suited for the management of petrotechnical data, Petrolin Group developed an application software package for her clients.

Conscious of the difficulties encountered by many African countries in the promotion of their minerals domain, Petrolin developed at their behest, in partnership with Stephenson and Associates, a petrotechnical data management tool, PSApphire. User friendly and cost effective, PSApphire was also chosen by governmental agencies charged with management of hydrocarbons, such as the Direction General des Hydrocarbures of Gabon, as well as by oil companies such as Addax Petroleum. Utilising a geographic information system PSApphire allows rapid access to information thanks to spatial data representation. In addition to the installation of this tool with clients, Petrolin and her partner Stephenson and Associates assist with the collection of data (reports, maps, seismic sections, well logs, etc.), their registration and their introduction with geo-referencing in the PSApphire data bank.

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1994

Conclusion of Partnership Agreement with Engen leading to the creation of Energy Africa

Conclusion of Partnership Agreement with Engen leading to the creation of Energy Africa

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1994

Conclusion of Partnership Agreement with Engen leading to the creation of Energy Africa

Conclusion of Partnership Agreement with Engen leading to the creation of Energy Africa

Only two months following the investiture of Nelson Mandela as President of the Republic of South Africa, in July 1994 Petrolin concluded a strategic partnership agreement with the South African Petroleum Giant, Engen-persuading  its partner, Engen, to make upstream oil investments throughout Africa, which led two years later to the establishment of the first African Exploration and Production Company, Energy Africa.

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1993

Launching of Fondation Espace Afrique's activities

Launching of Fondation Espace Afrique's activities

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1993

Launching of Fondation Espace Afrique's activities

Launching of Fondation Espace Afrique's activities

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Opening of Petrolin’s Geneva office

Opening of Petrolin’s Geneva office

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Opening of Petrolin’s Geneva office

Opening of Petrolin’s Geneva office

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1992

Establishment of Petrolin UK Limited in London

Establishment of Petrolin UK Limited in London

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1992

Establishment of Petrolin UK Limited in London

Establishment of Petrolin UK Limited in London

With 20 years of experience in the oil industry, Mr. Samuel Dossou-Aworet created Petrolin UK in 1992. Initially Petrolin UK Ltd was a crude oil trading, and refinery processing company aiming to commercialise refined petroleum products.

His expertise led to a successful consulting practice disseminating strategic advice for oil producing countries (Benin, Congo, Gabon, RDC, Chad, etc.), for international organizations (APPA, ABR and OPEC), and International Oil Companies such as Tullow Oil.

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