Oil and gas company TotalEnergies is expanding in Mozambique with the acquisition of oil and gas company BP’s retail network, wholesale fuel business and logistics assets, which are complementary to TotalEnergies’ existing network of 57 service stations and current business-to-business operations. The transaction includes 26 service stations, a portfolio of business customers and 50% in Samcol – the logistics company previously jointly owned by TotalEnergies and BP, which operates the Matola, Beira and Nacala fuel import terminals.
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