Engen Petroleum

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 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 7 countries and exports products to over 30 more countries, mostly in Africa and the Indian Ocean Islands.

An Engen service station in South Africa

Engen Petroleum Limited

Company type	Private company
Industry	Oil and gas
Predecessor	Mobil South Africa Engen Petroleum
Founded	1881; 143 years ago (1881)
Headquarters	Cape Town, South Africa
Area served	Africa, Indian Ocean Islands
Key people	Seelan Naidoo (Managing Director and CEO) Ahmad Adly Alias (Chairman)[1]
Products	Fuels, lubricants, petrochemicals
Revenue	R156 821 million (2022)[2]
Net income	R2 403 million (2022)[2]
Total assets	R52 009 million (2022)[2]
Number of employees	2 523 (2022)[2]
Website	engen.co.za

The company operates approximately 1,300 service stations in sub-Saharan Africa and Indian Ocean Islands. A number of Engen's service stations are operated on a franchise basis.^[4]

Today, Engen is active in South Africa, Zimbabwe, Botswana, Namibia, Eswatini, Mauritius, Lesotho and the Democratic Republic of the Congo.^[5][6] The company's Botswana business is 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^[7]

Websites

• Engen Petroleum
• Engen Africa (outside South Africa)

References

1. "Board of Directors". Engen. Archived from the original on 2016-03-26. Retrieved 2016-03-22.
2. Engen. "Media Centre". Engen. Archived from the original on 2016-05-11. Retrieved 2016-03-22.
3. Engen. "History of Engen". Engen. Archived from the original on 2016-06-01.
4. "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.
6. "Engen". engen.co.za. Retrieved 2024-08-09.
7. "S.Africa's Engen refinery to be converted into a storage terminal". Reuters. 2021-04-23. Retrieved 2023-07-26.