{"id":10884,"date":"2021-11-14T19:57:22","date_gmt":"2021-11-14T19:57:22","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/conex-oil-and-gas-holdings-ltd-takes-over-total-liberia-total-sierra-leone"},"modified":"2021-11-14T20:35:22","modified_gmt":"2021-11-14T20:35:22","slug":"conex-oil-and-gas-holdings-ltd-takes-over-total-liberia-total-sierra-leone","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/conex-oil-and-gas-holdings-ltd-takes-over-total-liberia-total-sierra-leone","title":{"rendered":"Conex Oil And Gas Holdings Ltd Takes Over Total Liberia & Total Sierra Leone"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>With immediate effect, Conex Oil and Gas Holdings (\u201cCONEX\u201d), officially takes over Total Liberia Incorporated and Total Sierra Leone Limited. The former TotalEnergies affiliates will now be referred to as Conex Oil & Gas Liberia and Conex Oil & Gas Sierra Leone respectively.<\/p>\n

On March 6, 2020, Conex Oil and Gas Holdings Limited signed an agreement with TotalEnergies for the acquisition of Total Liberia and Total Sierra Leone. The deal is now concluded, and Conex takes over all assets of TotalEnergies in both countries.<\/p>\n

Both affiliates are leaders in the importing and marketing of petroleum products throughout their respective countries via the industrial & wholesale channel under the trademarks pertaining to the TotalEnergies company.<\/p>\n

This transaction represents a unique opportunity for Conex to become a market leader in the fuel marketing business in Africa with specific emphasis on the Mano River Union, due to Conex leading positions as vendors of petroleum products in the industry.<\/p>\n

According to Cherif Abdallah, CEO and Chairman of Conex Oil and Gas Holdings, Ltd., \u201cCONEX is prepared for expansion activities in the region which will create jobs and promote development in the areas which CONEX intends to expand. Our hope is that this acquisition will encourage development in the private sector in the Mano River Union.<\/p>\n

Conex is a multinational company that provides capital resources, support and highly skilled and talented management teams in the investees\u2019 companies. Conex is the holding company for a group of companies operating primarily in West Africa and headquartered in Liberia with representative offices located in Sierra Leone, Guinea, Ghana, Nigeria and the UAE.<\/p>\n

CONEX has become a powerful force in the oil and gas sector. This acquisition of the two entities is in line with the expansion strategy of the group.<\/p>\n

\u201cCONEX extends special thanks and appreciation to TotalEnergies for a smooth transition and conclusion of the transaction. We also extend appreciation to our respective advisors: Sefton Fross, Lagos, Nigeria and Platform Capital, Port Louis, Mauritius. We take this opportunity to recognize in appreciation our Financiers: Africa Financial Corporation (\u201cAFC\u201d), Lagos, Nigeria, G.T. Bank and Ecobank,\u201d Abdallah said.<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. With immediate effect, Conex Oil and Gas Holdings (\u201cCONEX\u201d), officially takes over Total Liberia Incorporated and Total Sierra Leone Limited. The former TotalEnergies affiliates will now be referred to as Conex Oil & Gas Liberia and Conex Oil & Gas Sierra Leone respectively. On March 6, 2020, Conex Oil and Gas Holdings […]<\/p>\n","protected":false},"author":84,"featured_media":10883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,8],"tags":[5092,5096,138,429,117],"class_list":["post-10884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","tag-africa-press","tag-africa-press-ghana","tag-gas","tag-ghana","tag-oil"],"yoast_head":"\nConex Oil And Gas Holdings Ltd Takes Over Total Liberia & Total Sierra Leone - Ghana<\/title>\n<meta name=\"description\" content=\"With immediate effect, Conex Oil and Gas Holdings (\u201cCONEX\u201d), officially takes over Total Liberia Incorporated and Total ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/conex-oil-and-gas-holdings-ltd-takes-over-total-liberia-total-sierra-leone\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Conex Oil And Gas Holdings Ltd Takes Over Total Liberia & Total Sierra Leone\" \/>\n<meta property=\"og:description\" content=\"With immediate effect, Conex Oil and Gas Holdings (\u201cCONEX\u201d), officially takes over Total Liberia Incorporated and Total ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/conex-oil-and-gas-holdings-ltd-takes-over-total-liberia-total-sierra-leone\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-14T19:57:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-14T20:35:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2021\/11\/img-619172eb3b226.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1400\" \/>\n\t<meta property=\"og:image:height\" content=\"780\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/conex-oil-and-gas-holdings-ltd-takes-over-total-liberia-total-sierra-leone#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/conex-oil-and-gas-holdings-ltd-takes-over-total-liberia-total-sierra-leone\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Conex Oil And Gas Holdings Ltd Takes Over Total Liberia & Total Sierra Leone\",\"datePublished\":\"2021-11-14T19:57:22+00:00\",\"dateModified\":\"2021-11-14T20:35:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/conex-oil-and-gas-holdings-ltd-takes-over-total-liberia-total-sierra-leone\"},\"wordCount\":374,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/conex-oil-and-gas-holdings-ltd-takes-over-total-liberia-total-sierra-leone#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2021\/11\/img-619172eb3b226.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"Gas\",\"ghana\",\"oil\"],\"articleSection\":[\"all news\",\"community\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/conex-oil-and-gas-holdings-ltd-takes-over-total-liberia-total-sierra-leone#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/conex-oil-and-gas-holdings-ltd-takes-over-total-liberia-total-sierra-leone\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/conex-oil-and-gas-holdings-ltd-takes-over-total-liberia-total-sierra-leone\",\"name\":\"Conex Oil And Gas Holdings Ltd Takes Over Total Liberia & Total Sierra Leone - 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