Top 10 Oil and Gas Companies in CameroonPHCS
Top 10 Oil and Gas Companies in Cameroon
Cameroon is a major producer, distributor, and marketer of oil and gas in Africa. There are more than 50 different companies that are charged with these services in Cameroon. Some are public entities while the majority are privately owned organizations.
In this article, we are going to show you some of the top players in the oil and gas sector of Cameroon.
1). Sonara Refinery (Limbe)
The first on the list of the top oil and gas companies in Cameroon is Sonara Refinery company. It was founded in 1973. ). It is located at Mokundange a small village in Limbe II Sub-Division.
The company produces butane, gasoline, jet fuel, kerosene, and fuel oil, and distillate it.
CAM-OIL Co. Ltd
Sonara aimed to be the major producer and supplier of oil and gas within the CEMAC zone and other West African states such as Namibia and Senegal.
It also exports its products to international markets such as Europe, the USA, and South American countries.
2). Pamol Limited Liability Oil Company Ltd (Ndian division)
The second on the list of the top 10 oil and gas companies in Cameroon is the Pamol Limited Liability Oil Company Ltd.
Pamol Limited Liability Oil Company Ltd was founded in 1961 and has grown over the years to have over 500-1000 employees working effectively to the realization of the company’s goals.
Pamol Limited Liability Oil Company Ltd produces quality refined oil, vegetable oil, crude oil, and sunflower oil.
Pamol Limited Liability Oil Company Ltd produces and sells its products in both the home and international markets at very cheap prices.
3). Gas Du Cameroun (Douala)
Another major player in the oil and gas industry in Cameroon is Gas Du Cameroun.
The company is a subsidiary of the parent company Victoria Oil and Gas Plc.
This company is charged with the production and distribution of gas in the Cameroon market. It has created several jobs for the inhabitants of Douala city where it operates.
4). Tradex Cameroon (Douala)
Tradex Cameroon is also a top player in the oil and gas industry in Cameroon. Tradex Cameroon was founded in 1999 by the National Hydrocarbon Company (NHC).
Tradex Cameroon is fully involved in the distribution and trading of petroleum products such as fuel and butane gas.
Tradex Cameroon is fully involved with the operation of filling stations across various cities and towns in Cameroon. It has also extended its markets to other African markets and received an award as one of the best oil marketing companies in Africa in 2019.
The company’s future ambitions and goal is to be the major oil and gas supplier in the central African states.
5) Addax Cameroun (Douala)
Addax Cameroun is a Chinese Oil and Gas company operating in Cameroon since the year 1999.
The company is solely involved in the exploration, development, and production of oil and gas in Cameroon. It has oil fields in Douala, Kribi and Ntem.
The company is a major contributor towards the economic development of Cameroon paying $200 million in taxes and loyalties as of 2021.
However, in 2019, the company was acquired by SINOPEC for $1.2 billion
6). Bowleven Cameroon (Douala)
Bowleven Cameroon is a UK-based oil and gas company subsidiary of Bowleven plc. The company has been officially operating in Cameroon since 20006 and in Cameroon operations through EurOil Ltd.
Bowleven Cameroon carries out its operation precisely at Etinde permit and Bomono permit along the western coast of the Rio Del Ray Basin. Boarding Nigeria, Equitorial, Guninea, Gabon and Congo-Brazzaville.
7). GLORYX OIL LLC (Douala)
GLORYX OIL LLC is a Cameroon base oil and gas producer and distributor in Cameroon and the international market.
Its headquarter is located in Douala and was officially founded in 2015.
Additionally, GLORYX OIL LLC is a part of the Extractive Industries Transparency Initiative (EITI), an international group that supports openness in the oil and gas sector.
GLORYX OIL LLC has international trading networks and partners that buy and market its products in countries such as India, Singapore, the UK, Nigeria, South Africa, Ghana, Kenya, Tanzania, Russia, etc.
8). Bocom Petroleum S.A (Douala)
Bocom Petroleum S.A is a major importer and distributor of oil and gas petroleum products in Cameroon such as LPG, diesel, lubricants, gasoline, kerosene etc.
The company has created a large number of job opportunities among several youths across various towns in Cameroon.
9). OLA Energy Cameroon (Douala)
OLA Energy Cameroon is an oil and gas distribution and marketing company in Cameroon.
OLA Energy Cameroon is a subsidiary of OLA Energy, a pan-African energy corporation active in 17 African nations.
The company was opened in Cameroon in 2012 and has its headquarter in the city of Douala and has grown over the years to have more than 100+ different filling station across various towns and cities in Cameroon
OLA Energy Cameroon’s main focus is the distribution and marketing of gasoline, diesel, kerosene, and LPG.
In 2018, the company was awarded as the best fuel retailer in Africa, and in 2020; it was awarded the best in CSR in Cameroon.
10). Blessing Petroleum Plc (Douala)
Blessing Petroleum Plc is a Cameroon oil and gas distribution and marketing company. Its located in the City of Douala and was officially founded in the year 2009.
Blessing Petroleum Plc has an estimated 30+ different filling stations spread across the major cities in Cameroon.
Blessing Petroleum Plc has been known to receive several awards over the past years, especially in areas such as corporate social responsibility, and awards as the best retailer of petroleum products in 2018.
A dependable and trustworthy business, Blessing Petroleum Plc is dedicated to giving its clients the best goods and services. The business is optimistic that it will maintain its position as a major player in the Cameroonian energy market and that it is well-positioned for future expansion.
There are more than 50+ different oil and gas companies operating in Cameroon. However, the above-listed 10 have been ranked or regarded as the top in the area of petroleum distribution and marketing.
These companies have created lots of jobs among the citizens of Cameroon, thereby reducing unemployment and promoting the economic growth of the nation.
Which other oil and gas company do you know in Cameroon? Do not hesitate to share with us in the comment section below.