July 31, 2014 6:28 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 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.

Sasol Petroleum International (Pty) Limited Reports Earnings Results for the Half Year Ended December 31, 2013

Sasol Petroleum International (Pty) Limited reported earnings results for the half year ended December 31, 2013. For the period, the company reported operating loss of ZAR 6,137 million compared to an operating loss of ZAR 707 million in the prior year.

Sasol Petroleum International (Pty) Limited Presents at 2013 World Assembly, Nov-20-2013 01:45 PM

Sasol Petroleum International (Pty) Limited Presents at 2013 World Assembly, Nov-20-2013 01:45 PM. Venue: Old Billingsgate, Walk 16 Lower Thames Street, London EC3R 6DX, United Kingdom. Speakers: Iman Hill, General Manager: Technical & Operational Services.

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