The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd - Company Profile
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The Petroleum Oil and Gas Corporation of South Africa (Pty) Ltd (PetroSA), a subsidiary of Central Energy Fund, is a provider of oil and natural gas exploration and production services. The company produces diesel, liquid oxygen and nitrogen, petrol, kerosene, propane, distillates, eco-fuels and synthetic alcohols. It also develops domestic refining and infrastructure for transport of liquid fuels. The company also sells and markets petroleum products to wholesalers, state-owned companies and gas customers, and trades oil and petrochemical products in local and international markets. It markets most of its fuel products to major oil companies operating in South Africa. The company has its operations in the Americas, Europe, Middle East and Africa. PetroSA is headquartered in Cape Town, South Africa.
Headquarters
South Africa
Address
151 Frans Conradie Drive, Parow, Cape Town, Western Cape, 7500
Website
www.petrosa.co.za
Telephone
27 21 9293000
No of Employees
1,486
Industry
Energy and Utilities
The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Natural Gas | Procurement Services |
| Crude Oil | Supply |
| Petrol | Crude oil Trading |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In May, the company announced its plans to acquire 50% stake in Jubilee Oil Holding. |
| 2021 | Acquisitions/Mergers/Takeovers | In November, the company agreed to acquire The Jubilee and Twenboa-Enyenra-Ntomme (TEN) fields from Occidental Petroleum. |
| 2021 | Plans/Strategy | In March, the company announced its plans to merge with iGas and the Strategic Fuel Fund (SFF) to form South African National Petroleum Company. |
Competitor Comparison
| Key Parameters | The Petroleum Oil and Gas Corporation of South Africa (SOC) Ltd | Shell plc | BP Plc | Sasol Ltd | Efora Energy Ltd |
|---|---|---|---|---|---|
| Headquarters | South Africa | United Kingdom | United Kingdom | South Africa | South Africa |
| City | Cape Town | London | London | Johannesburg | Johannesburg |
| State/Province | Western Cape | England | England | - | - |
| No. of Employees | 1,486 | 93,000 | 67,600 | 28,657 | 104 |
| Entity Type | Government | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Nombulelo Tyandela | Chief Financial Officer | Senior Management | - | - |
| Sesakho Magadla | Acting Chief Operating Officer | Senior Management | - | - |
| Saleem Soobader | Vice President - Upstream | Senior Management | - | - |
| Lorna Tlhako | Vice President - Trading Supply & Logistics | Senior Management | - | - |
| Sandisiwe Ncemane | Acting Chief Executive Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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