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September 04, 2015 12:03 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Sasol Petroleum International (Pty) Limited

Company Overview

Sasol Petroleum International (Pty) Limited explores and produces oil and natural gas. The company also develops and manages Sasol Ltd.’s international upstream interests in oil and gas exploration and production from offices in London and Johannesburg. Its interests are concentrated in Mozambique, South Africa, Gabon, Equatorial Guinea, and Nigeria. The company explores and produces oil and gas in western and southern Africa, as well as supplies natural gas to its Mozambican and South African customers, and Sasol’s petrochemical plants in South Africa. The company was founded in 1997 and is based in Rosebank, South Africa. Sasol Petroleum International (Pty) Limited operates as a subsidiary...

1 Sturdee Avenue

Rosebank,  2196

South Africa

Founded in 1997

Phone:

27 11 441 3111

Fax:

27 11 788 5092

Key Executives for Sasol Petroleum International (Pty) Limited

Sasol Petroleum International (Pty) Limited does not have any Key Executives recorded.

Sasol Petroleum International (Pty) Limited Key Developments

Sasol Petroleum International (Pty) Limited Presents at Global Pacific & Partners 21st Africa Oil Week Conference 2014, Nov-06-2014 09:20 AM

Sasol Petroleum International (Pty) Limited Presents at Global Pacific & Partners 21st Africa Oil Week Conference 2014, Nov-06-2014 09:20 AM. Venue: International Convention Centre, Cape Town, South Africa. Speakers: Ebbie Haan, Managing Director.

Sasol Petroleum International Announces Audited Earnings Results for the Year Ended June 30, 2014

Sasol Petroleum International announced audited earnings results for the year ended June 30, 2014. For the year, the company reported turnover of ZAR 5,208 million against ZAR 3,634 million a year ago. Operating loss after remeasurement items was ZAR 5,981 million against ZAR 1,886 million a year ago. Headline earnings were ZAR 5,472 million against ZAR 428 million a year ago.

Sasol Petroleum International Concludes Farm-Out with Eni SpA

Sasol Petroleum International announced that it has concluded a farm-out to Eni SpA, for the exploration right permit 236 (ER236) in South Africa. The permit was granted to Sasol in November 2013 by the Petroleum Agency of South Africa for an initial period of three years. The permit grants the right to explore for hydrocarbons along South Africa's East coast in the Durban and Zululand basins offshore Kwazulu-Natal province. In terms of the farm-out, Sasol will transfer a 40% interest in ER236 and operatorship to Eni. Sasol will retain a majority 60% interest. The agreement, which is subject to government approval, signals greater cooperation between Sasol and Eni in Southern Africa.

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