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OLA Energy

Field	Value
name	OLA Energy
logo	Ola energy PNG.png
logo_size	150px
industry	Oil and Gas
predecessor	Oilibya
successor
founded
founder
defunct
hq_location_city	Dubai
hq_location_country	United Arab Emirates
area_served	Africa
owner
num_employees_year
parent	Libyan African Portfolio
website	https://olaenergy.com/

OLA Energy is the brand name used by the African affiliates owned by OLA Energy Holdings Ltd (formerly Libya Oil Holdings Ltd). The brand name replaced the company's previous brand name, OiLibya, in 2018.

OLA Energy has over 3000 branches in 17 countries across Africa, including Egypt, Senegal, Ivory Coast, Cameroon, Gabon, Kenya, Mali, Burkina Faso, Niger, Chad, Eritrea, Uganda, Réunion, Morocco, Tunisia, Ethiopia, and Sudan.

Services and products

Fuels
Lubricants
LPG
Industrial & wholesale
Supply & trading
Retail
Aviation
Marine

Expansion

Between 2000 and 2004: Decison to incorporate 4 subsidiaries in Chad, Niger, Mali, and Burkina Faso.

Then between 2004 and 2008, acquisition of 5 Shell affiliates in Niger, Chad, Djibouti, Ethiopia and Sudan and 9 ExxonMobil affiliates in Niger, Senegal, Cote d’Ivoire, Gabon, Cameroon, Kenya, Reunion, Tunisia and Morocco.

Subsidiaries and affiliates of OLA Energy

OLA Energy has 18 subsidiaries

;Main consolidated subsidiaries

Burkina Faso
Cameroon
Chad
Egypt
Eritrea
Ethiopia
Gabon
Kenya
Mali
Morocco
Niger
Réunion
Senegal
Sudan
Tunisia
Uganda

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.

References

(17 September 2019). "Re-branding of fuel stations: from OiLibya to OLA Energy".
"OiLibya Services : Fuels".
"OiLibya Services : Lubricants".
"OiLibya Services : LPG".
"OiLibya Services : Industrial and Wholesale".
"OiLibya Services : Supply & Trading".
"OiLibya Services : Retail".
"OiLibya Services : Fuels".
"OiLibya Services : Marine".
"Archived copy".
[http://mobile-barcode.tmcnet.com/news/2011/02/28/5341895.htm The East African/All Africa Global Media-EAC, Comesa Businesses On Knife-Edge As Gaddafi's Regime Shakes] {{webarchive. link. (2011-07-17 , retrieved February 28, 2011.)
[https://www.theeastafrican.co.ke/news/-/2558/1115392/-/o5ntkrz/-/ The East African-EAC, Comesa Businesses On Knife-Edge As Gaddafi's Regime Shakes], retrieved February 28, 2011.
"Libya stake in Circle Oil frozen as EU turns screw on Gaddafi - Independent.ie". Independent.ie.

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

oil-and-gas-companies-of-libya libyan-brands government-owned-companies-of-libya

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