18
Sep
Staff Writer Nasan Energies Namibia (Pty) Ltd has reached an agreement with Vivo Energy Namibia to acquire 53 Engen and Shell-branded fuel service stations. The deal is still subject to approval by the Namibian Competition Commission (NaCC). In May 2024, Vivo Energy completed the purchase of Engen Limited from Petronas, which included Engen Namibia. As part of the regulatory process, the Competition Commission ruled that Vivo Energy had to sell a number of its service stations to maintain a fair market. “We are pleased to have reached this agreement with Nasan Energies, which not only fulfills the regulatory requirements to…
