Oilibya

Last updated
Ola
IndustryOil and Gas
PredecessorTamoil Africa
Founded2000
SuccessorOLA Energy
Headquarters
Mauritius
Area served
Africa
Parent Libyan African Portfolio
Websitewww.oilibya.com
An OiLibya gas station in Ethiopia OiLibya.JPG
An OiLibya gas station in Ethiopia

Ola, is the brand name used by the affiliates owned by Libya Oil Holdings and previously known as Tamoil Africa. Ola has over 3000 branches in 17 countries across Africa, including Egypt, Senegal, Ivory Coast, Cameroon, Gabon, Kenya, Mali, Burkina Faso, Niger, Chad, Eritrea, Uganda, Nigeria, Mauritius, Réunion, Morocco, Tunisia, Ethiopia, and Sudan. [1]

Contents

Services and products

Expansion & oil exploration

In 2008, OiLibya entered the Ethiopian market acquiring 100% of Shell's Ethiopia and Djibouti petroleum retail business. [11] The amount of money spent by Oilibya to close the deal was unrevealed. [12] Oilibya has bought many other retail petroleum dealers in Africa, including taking over ExxonMobil's business in Kenya. [13]

Bahru said at the time the sale was consistent with Shell's global strategy to focus on oil exploration and get out of retail business. [14]

Subsidiaries and affiliates of OiLibya

OiLibya has 18 subsidiaries [15]

Main consolidated subsidiaries

First Libyan Civil War

In February 2011, some African countries began to express concerns as to how the First Libyan Civil War might affect OiLibya and its outlets across the region. Of particular concern were the huge debts racked up by Libya's key enterprises. [16] [17]

See also

References

  1. ↑ "Re-branding of fuel stations: from OiLibya to OLA Energy". www.petrolplaza.com. 17 September 2019. Retrieved 2020-05-28.
  2. ↑ "OiLibya Services : Fuels". OiLibya.
  3. ↑ "OiLibya Services : Lubricants". OiLibya.
  4. ↑ "OiLibya Services : LPG". OiLibya.
  5. ↑ "OiLibya Services : Industrial and Wholesale". OiLibya.
  6. ↑ "OiLibya Services : Supply & Trading". OiLibya.
  7. ↑ "OiLibya Services : Retail". OiLibya.
  8. ↑ "OiLibya Services : Fuels". OiLibya.
  9. ↑ "OiLibya Services : Marine". OiLibya.
  10. ↑ "OiLibya Services : Lubricants". OiLibya.
  11. ↑ "OiLibya buys Shell's Ethiopia, Djibouti operations". Reuters. 2008-07-15. Retrieved 2020-05-28.
  12. ↑ Reuters Editorial. "OiLibya buys Shell's Ethiopia, Djibouti operations". U.K. Archived from the original on March 6, 2016. Retrieved 2017-08-26.{{cite news}}: |author= has generic name (help)
  13. ↑ "OiLibya buys Shell's Ethiopia, Djibouti operations". Reuters. 2008-07-15. Archived from the original on March 6, 2016. Retrieved 2020-05-28.
  14. ↑ Reuters-OiLibya buys Shell's Ethiopia, Djibouti operations, retrieved July 15, 2008.
  15. ↑ "Archived copy". Archived from the original on 2019-06-18. Retrieved 2019-06-25.{{cite web}}: CS1 maint: archived copy as title (link)
  16. ↑ The East African/All Africa Global Media-EAC, Comesa Businesses On Knife-Edge As Gaddafi's Regime Shakes Archived 2011-07-17 at the Wayback Machine , retrieved February 28, 2011.
  17. ↑ The East African-EAC, Comesa Businesses On Knife-Edge As Gaddafi's Regime Shakes, retrieved February 28, 2011.
  18. ↑ "Libya stake in Circle Oil frozen as EU turns screw on Gaddafi - Independent.ie". Independent.ie. Retrieved 2017-08-23.
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