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Addax Petroleum information


Addax Petroleum
Company typePrivate
IndustryPetroleum industry
Founded1994
Key people
Youghong Chen, Managing Director[1]
ProductsPetroleum, Oil & Gas
WebsiteAddax Petroleum

Addax Petroleum was established in 1994 and since August 2009 has been a subsidiary of the Sinopec Group, one of the largest oil and gas producers in China, the biggest oil refiner in Asia, and the third largest worldwide.[2] Addax Petroleum was an international gas and oil production and exploration company mainly focused on the Middle East, the North Sea, and Africa. Since its founding, the company has become one of the largest oil producers in West Africa.[3]

  1. ^ Izuaka, Mary (2 November 2022). "Addax Petroleum exits Nigeria, transfers assets to NNPC". Premium Times. Retrieved 12 September 2023.
  2. ^ "China's Sinopec to buy Addax for C$8.27 billion". Reuters UK. Retrieved 2017-04-12.
  3. ^ "Addax Petroleum Corporation: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2017-04-12.

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