Engen Oil
Engen is an African energy company with a presence in 17 African countries outside South Africa, where it was established. Its core business is the refining of crude oil, the marketing of branded primary refined petroleum products and the provision of convenience services through an extensive retail network.
In South Africa, it is the market leader in petroleum products and related businesses with 26% share of market. It is also the biggest in Namibia, and exports products to some 30 countries, mostly in Africa and the Indian Ocean islands.
Engen has committed to operating exclusively in Africa. Its EPIC 2016 Vision outlines being a ‘Champion in Africa’ by 2016, when it intends to lead or be second in every country that it operates.
The company’s growth in Africa continues, having most recently acquired downstream business in Rwanda and Guinea-Bissau in October 2008. Engen will continue to pursue investment opportunities in Africa. Where other oil companies have disinvested, Engen believes in the future of Africa and Africans.
Engen’s success in the countries it operates in is largely due to its deep respect for the diversity of cultures and environments, and concern for the well-being of its employees. Wherever possible, it recruits from the local talent base, and does not employ South African top level management in any region, other than of course in South Africa.
In order to nurture employees’ growth, Engen invests extensively in various means to ensure their success – including training and mentorship. It also focuses strongly on giving its people the freedom.