Oryx Energies sold for $1 billion

A leader in the West African market, the Swiss hydrocarbons firm has just changed hands. Already CEO, Moussa Diao is taking control of the hydrocarbon giant in Africa, founded by billionaire Jean-Claude Gandur.

This major acquisition is taking place in the context of rising fuel prices resulting from the conflict in the Middle East, a situation the continent is struggling to cope with

Oryx Energies operates a structured retail model combining quality fuels and customer-focused convenience services. Service stations integrate Oasis shops, (see above photo) fleet solutions and maintenance services, delivering a consistent experience while supporting everyday mobility across African markets.